Oct 27, 2022 08:00 AM

Tongwei Co.,Ltd.’s Net Profit Rose 313.5% in First Three Quarters of 2022

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Tongwei Co.,Ltd. (通威股份有限公司) (600438.SH) reported a net profit of 26.2 billion yuan in the first three quarters of 2022, up 313.5% year-on-year.

Meanwhile, the company posted 102.1 billion yuan in revenue, up 118.6% year-on-year.

At the end of the reporting period, it had 134.7 billion yuan in total assets and 68.9 billion yuan in total liabilities, with a liability-to-asset ratio of 51.2%.

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