Wuxi Hongsheng Heat Exchanger Manufacturing Co.,Ltd.’s Net Profit Rose 182.3% in First Three Quarters of 2022

Wuxi Hongsheng Heat Exchanger Manufacturing Co.,Ltd. (无锡宏盛换热器制造股份有限公司) (603090.SH) reported a net profit of 43.4 million yuan in the first three quarters of 2022, up 182.3% year-on-year.

Meanwhile, the company posted 542.1 million yuan in revenue, up 38.1% year-on-year.

At the end of the reporting period, it had 878.6 million yuan in total assets and 339.4 million yuan in total liabilities, with a liability-to-asset ratio of 38.6%.