Henan Yicheng New Energy Co.,Ltd. Posted 199.2 Million Yuan Net Profit in First Three Quarters of 2022

Henan Yicheng New Energy Co.,Ltd. (河南易成新能源股份有限公司) (300080.SZ) reported a net profit of 199.2 million yuan in the first three quarters of 2022, reversing a net loss of 91.2 million yuan for the same period in the previous year.

Meanwhile, the company posted 7.5 billion yuan in revenue, up 76.1% year-on-year.

At the end of the reporting period, it had 12.2 billion yuan in total assets and 6.5 billion yuan in total liabilities, with a liability-to-asset ratio of 53.3%.