Dongfang Electric Co.,Ltd.’s Net Profit Rose 31.6% in First Three Quarters of 2022

Dongfang Electric Co.,Ltd. (东方电气股份有限公司) (600875.SH) reported a net profit of 2.6 billion yuan in the first three quarters of 2022, up 31.6% year-on-year.

Meanwhile, the company posted 39.7 billion yuan in revenue, up 21.3% year-on-year.

At the end of the reporting period, it had 113.8 billion yuan in total assets and 76.3 billion yuan in total liabilities, with a liability-to-asset ratio of 67.1%.