Henan Senyuan Electric Co.,Ltd. Posted 57.9 Million Yuan Net Profit in First Three Quarters 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 57.9 million yuan in the first three quarters of 2022, reversing a net loss of 58.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.6 billion yuan in revenue, up 30.6% 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 48.5%.