Shuangliang Eco-Energy Systems Co.,Ltd.’s Net Profit Rose 363% in First Three Quarters of 2022

Shuangliang Eco-Energy Systems Co.,Ltd. (双良节能系统股份有限公司) (600481.SH) reported a net profit of 888.9 million yuan in the first three quarters of 2022, up 363% year-on-year.

Meanwhile, the company posted 8.7 billion yuan in revenue, up 285.7% year-on-year.

At the end of the reporting period, it had 23.4 billion yuan in total assets and 16.7 billion yuan in total liabilities, with a liability-to-asset ratio of 71.2%.