Sungrow Power Supply Co.,Ltd.’s Net Profit Rose 32.5% in First Three Quarters of 2022

Sungrow Power Supply Co.,Ltd. (阳光电源股份有限公司) (300274.SZ) reported a net profit of 2.1 billion yuan in the first three quarters of 2022, up 32.5% year-on-year.

Meanwhile, the company posted 22.2 billion yuan in revenue, up 44.6% year-on-year.

At the end of the reporting period, it had 55.6 billion yuan in total assets and 37.4 billion yuan in total liabilities, with a liability-to-asset ratio of 67.4%.