Huadian Heavy Industries Co.,Ltd.’s Net Profit Dropped 0.8% in First Three Quarters of 2022

Huadian Heavy Industries Co.,Ltd. (华电重工股份有限公司) (601226.SH) reported a net profit of 148.1 million yuan in the first three quarters of 2022, down 0.8% year-on-year.

Meanwhile, the company posted 5.5 billion yuan in revenue, up 7.9% year-on-year.

At the end of the reporting period, it had 10.8 billion yuan in total assets and 6.6 billion yuan in total liabilities, with a liability-to-asset ratio of 61.2%.