Guoguang Electric Company Limited’s Net Profit Rose 42.4% in First Three Quarters of 2022

Guoguang Electric Company Limited (国光电器股份有限公司) (002045.SZ) reported a net profit of 170.1 million yuan in the first three quarters of 2022, up 42.4% year-on-year.

Meanwhile, the company posted 4.6 billion yuan in revenue, up 38.3% year-on-year.

At the end of the reporting period, it had 5.7 billion yuan in total assets and 3.6 billion yuan in total liabilities, with a liability-to-asset ratio of 63%.