Longi Green Energy Technology Co.,Ltd.’s Net Profit Rose 45% in First Three Quarters of 2022

Longi Green Energy Technology Co.,Ltd. (隆基绿能科技股份有限公司) (601012.SH) reported a net profit of 10.9 billion yuan in the first three quarters of 2022, up 45% year-on-year.

Meanwhile, the company posted 87 billion yuan in revenue, up 54.9% year-on-year.

At the end of the reporting period, it had 146.4 billion yuan in total assets and 88 billion yuan in total liabilities, with a liability-to-asset ratio of 60.1%.