Henan Senyuan Electric Co.,Ltd.’s Net Profit Rose 76% in First Quarter of 2022

Henan Senyuan Electric Co.,Ltd. (河南森源电气股份有限公司) (002358.SZ) reported a net profit of 8.7 million yuan in the first quarter of 2022, up 76% year-on-year.

Meanwhile, the company posted 458 million yuan in revenue, up 10.8% year-on-year.

At the end of the reporting period, it had 6 billion yuan in total assets and 2.9 billion yuan in total liabilities, with a liability-to-asset ratio of 48.9%.