Hubei Wanrun New Energy Technology Co.,Ltd.’s Net Profit Rose 333.4% in First Three Quarters of 2022

Hubei Wanrun New Energy Technology Co.,Ltd. (湖北万润新能源科技股份有限公司) (688275.SH) reported a net profit of 796.9 million yuan in the first three quarters of 2022, up 333.4% year-on-year.

Meanwhile, the company posted 7.4 billion yuan in revenue, up 549.6% year-on-year.

At the end of the reporting period, it had 16.7 billion yuan in total assets and 8.1 billion yuan in total liabilities, with a liability-to-asset ratio of 48.6%.