Apr 30, 2022 08:00 AM

Xi'An Shaangu Power Co.,Ltd.’s Net Profit Rose 17.3% in First Quarter of 2022

By Caixin Automation

Xi'An Shaangu Power Co.,Ltd. (西安陕鼓动力股份有限公司) (601369.SH) reported a net profit of 299.8 million yuan in the first quarter of 2022, up 17.3% year-on-year.

Meanwhile, the company posted 2.9 billion yuan in revenue, up 10.6% year-on-year.

At the end of the reporting period, it had 26.9 billion yuan in total assets and 18.6 billion yuan in total liabilities, with a liability-to-asset ratio of 69.2%.

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