Western Superconducting Technologies Co.,Ltd.’s Net Profit Rose 61.9% in First Three Quarters of 2022

Western Superconducting Technologies Co.,Ltd. (西部超导材料科技股份有限公司) (688122.SH) reported a net profit of 873 million yuan in the first three quarters of 2022, up 61.9% year-on-year.

Meanwhile, the company posted 3.3 billion yuan in revenue, up 56.2% year-on-year.

At the end of the reporting period, it had 10.6 billion yuan in total assets and 4.5 billion yuan in total liabilities, with a liability-to-asset ratio of 42.6%.