Jinneng Holding Shanxi Electric Power Co.,Ltd. Posted 170.2 Million Yuan Net Loss in First Three Quarters of 2023

Jinneng Holding Shanxi Electric Power Co.,Ltd. (晋能控股山西电力股份有限公司) (000767.SZ) reported a net loss of 170.2 million yuan in the first three quarters of 2023, reversing a net profit of 27 million yuan for the same period in the previous year.

Meanwhile, the company posted 15.1 billion yuan in revenue, up 2.4% year-on-year.

At the end of the reporting period, it had 61.7 billion yuan in total assets and 51 billion yuan in total liabilities, with a liability-to-asset ratio of 82.6%.