Guangdong Electric Power Development Co.,Ltd. Posted 2.4 Billion Yuan Net Profit in First Three Quarters of 2023

Guangdong Electric Power Development Co.,Ltd. (广东电力发展股份有限公司) (000539.SZ) reported a net profit of 2.4 billion yuan in the first three quarters of 2023, reversing a net loss of 2.6 billion yuan for the same period in the previous year.

Meanwhile, the company posted 45.2 billion yuan in revenue, up 14.4% year-on-year.

At the end of the reporting period, it had 150.8 billion yuan in total assets and 120.7 billion yuan in total liabilities, with a liability-to-asset ratio of 80.1%.