Shanghai Taisheng Wind Power Equipment Co.,Ltd.’s Net Profit Dropped 18.7% in First Three Quarters of 2022

Shanghai Taisheng Wind Power Equipment Co.,Ltd. (上海泰胜风能装备股份有限公司) (300129.SZ) reported a net profit of 165.6 million yuan in the first three quarters of 2022, down 18.7% year-on-year.

Meanwhile, the company posted 2.1 billion yuan in revenue, down 9.5% year-on-year.

At the end of the reporting period, it had 6.8 billion yuan in total assets and 2.8 billion yuan in total liabilities, with a liability-to-asset ratio of 41.9%.