Zhuzhou Crrc Times Electric Co.,Ltd.’s Net Profit Rose 29.8% in First Three Quarters of 2022

Zhuzhou Crrc Times Electric Co.,Ltd. (株洲中车时代电气股份有限公司) (688187.SH) reported a net profit of 1.6 billion yuan in the first three quarters of 2022, up 29.8% year-on-year.

Meanwhile, the company posted 10.9 billion yuan in revenue, up 27.6% year-on-year.

At the end of the reporting period, it had 47 billion yuan in total assets and 12.7 billion yuan in total liabilities, with a liability-to-asset ratio of 27.1%.