Zhenjiang Dongfang Electric Heating Technology Co.,Ltd.’s Net Profit Rose 196.8% in First Three Quarters of 2022

Zhenjiang Dongfang Electric Heating Technology Co.,Ltd. (镇江东方电热科技股份有限公司) (300217.SZ) reported a net profit of 235.5 million yuan in the first three quarters of 2022, up 196.8% year-on-year.

Meanwhile, the company posted 2.7 billion yuan in revenue, up 27.7% year-on-year.

At the end of the reporting period, it had 7 billion yuan in total assets and 3.7 billion yuan in total liabilities, with a liability-to-asset ratio of 52.7%.