Ja Solar Technology Co.,Ltd.’s Net Profit Rose 150.2% in First Three Quarters of 2022

Ja Solar Technology Co.,Ltd. (晶澳太阳能科技股份有限公司) (002459.SZ) reported a net profit of 3.4 billion yuan in the first three quarters of 2022, up 150.2% year-on-year.

Meanwhile, the company posted 49.3 billion yuan in revenue, up 89% year-on-year.

At the end of the reporting period, it had 76.2 billion yuan in total assets and 48.3 billion yuan in total liabilities, with a liability-to-asset ratio of 63.4%.