Ceepower Co.,Ltd.’s Net Profit Rose 178.9% in First Quarter of 2022

Ceepower Co.,Ltd. (中能电气股份有限公司) (300062.SZ) reported a net profit of 10.6 million yuan in the first quarter of 2022, up 178.9% year-on-year.

Meanwhile, the company posted 269.4 million yuan in revenue, up 48.8% year-on-year.

At the end of the reporting period, it had 2.4 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 48.9%.