Jointo Energy Investment Co.,Ltd.Hebei Posted 444.9 Million Yuan Net Profit in First Three Quarters of 2022

Jointo Energy Investment Co.,Ltd.Hebei (河北建投能源投资股份有限公司) (000600.SZ) reported a net profit of 444.9 million yuan in the first three quarters of 2022, reversing a net loss of 1 billion yuan for the same period in the previous year.

Meanwhile, the company posted 13.8 billion yuan in revenue, up 29% year-on-year.

At the end of the reporting period, it had 37.9 billion yuan in total assets and 25.2 billion yuan in total liabilities, with a liability-to-asset ratio of 66.5%.