Xj Electric Co.,Ltd.’s Net Profit Rose 16.4% in First Three Quarters of 2022

Xj Electric Co.,Ltd. (许继电气股份有限公司) (000400.SZ) reported a net profit of 801.1 million yuan in the first three quarters of 2022, up 16.4% year-on-year.

Meanwhile, the company posted 9.1 billion yuan in revenue, up 21% year-on-year.

At the end of the reporting period, it had 18 billion yuan in total assets and 7.2 billion yuan in total liabilities, with a liability-to-asset ratio of 39.9%.