Guangdong Sanhe Pile Co.,Ltd.’s Net Profit Rose 101.4% in 2022

Guangdong Sanhe Pile Co.,Ltd. (广东三和管桩股份有限公司) (003037.SZ) reported a net profit of 152.1 million yuan in 2022, up 101.4% year-on-year.

Meanwhile, the company posted 6.6 billion yuan in revenue, down 18.6% year-on-year.

At the end of the reporting period, it had 5.7 billion yuan in total assets and 3.9 billion yuan in total liabilities, with a liability-to-asset ratio of 68.5%.