Hangzhou Radical Energy Saving Technology Co.,Ltd.’s Net Profit Rose 42.8% in First Three Quarters of 2022

Hangzhou Radical Energy Saving Technology Co.,Ltd. (杭州雷迪克节能科技股份有限公司) (300652.SZ) reported a net profit of 89.4 million yuan in the first three quarters of 2022, up 42.8% year-on-year.

Meanwhile, the company posted 505.6 million yuan in revenue, up 21.9% year-on-year.

At the end of the reporting period, it had 1.5 billion yuan in total assets and 255.1 million yuan in total liabilities, with a liability-to-asset ratio of 17.2%.