Guizhou Qianyuan Power Co.,Ltd.’s Net Profit Dropped 53.5% in First Three Quarters of 2023

Guizhou Qianyuan Power Co.,Ltd. (贵州黔源电力股份有限公司) (002039.SZ) reported a net profit of 464.9 million yuan in the first three quarters of 2023, down 53.5% year-on-year.

Meanwhile, the company posted 1.6 billion yuan in revenue, down 36% year-on-year.

At the end of the reporting period, it had 16.6 billion yuan in total assets and 10 billion yuan in total liabilities, with a liability-to-asset ratio of 60%.