China Xd Electric Co.,Ltd.’s Net Profit Rose 52.6% in First Three Quarters of 2022

China Xd Electric Co.,Ltd. (中国西电电气股份有限公司) (601179.SH) reported a net profit of 533.2 million yuan in the first three quarters of 2022, up 52.6% year-on-year.

Meanwhile, the company posted 13.2 billion yuan in revenue, up 21% year-on-year.

At the end of the reporting period, it had 38.9 billion yuan in total assets and 16.4 billion yuan in total liabilities, with a liability-to-asset ratio of 42.1%.