Far East Smarter Energy Co.,Ltd.’s Net Profit Rose 14.6% in First Three Quarters of 2022

Far East Smarter Energy Co.,Ltd. (远东智慧能源股份有限公司) (600869.SH) reported a net profit of 512.2 million yuan in the first three quarters of 2022, up 14.6% year-on-year.

Meanwhile, the company posted 15.9 billion yuan in revenue, up 6.7% year-on-year.

At the end of the reporting period, it had 19.5 billion yuan in total assets and 15.1 billion yuan in total liabilities, with a liability-to-asset ratio of 77.7%.