Hunan Corun New Energy Co.,Ltd.’s Net Profit Rose 1271.5% in First Three Quarters of 2022

Hunan Corun New Energy Co.,Ltd. (湖南科力远新能源股份有限公司) (600478.SH) reported a net profit of 155.3 million yuan in the first three quarters of 2022, up 1271.5% year-on-year.

Meanwhile, the company posted 2.3 billion yuan in revenue, up 6.1% year-on-year.

At the end of the reporting period, it had 7 billion yuan in total assets and 3.8 billion yuan in total liabilities, with a liability-to-asset ratio of 53.9%.