Tbea Co.,Ltd.’s Net Profit Rose 131% in First Three Quarters of 2022

Tbea Co.,Ltd. (特变电工股份有限公司) (600089.SH) reported a net profit of 15.7 billion yuan in the first three quarters of 2022, up 131% year-on-year.

Meanwhile, the company posted 64.5 billion yuan in revenue, up 65.1% year-on-year.

At the end of the reporting period, it had 152.4 billion yuan in total assets and 82.3 billion yuan in total liabilities, with a liability-to-asset ratio of 54%.