Shanghai Guangdian Electric Group Co.,Ltd.’s Net Profit Rose 15.6% in First Three Quarters of 2022

Shanghai Guangdian Electric Group Co.,Ltd. (上海广电电气(集团)股份有限公司) (601616.SH) reported a net profit of 97.1 million yuan in the first three quarters of 2022, up 15.6% year-on-year.

Meanwhile, the company posted 793 million yuan in revenue, up 8.4% year-on-year.

At the end of the reporting period, it had 3.1 billion yuan in total assets and 536.6 million yuan in total liabilities, with a liability-to-asset ratio of 17.1%.