Shanghai Aiko Solar Energy Co.,Ltd. Posted 2.3 Billion Yuan Net Profit in 2022

Shanghai Aiko Solar Energy Co.,Ltd. (上海爱旭新能源股份有限公司) (600732.SH) reported a net profit of 2.3 billion yuan in 2022, reversing a net loss of 115.8 million yuan for the previous year.

Meanwhile, the company posted 35.1 billion yuan in revenue, up 126.7% year-on-year.

At the end of the reporting period, it had 24.7 billion yuan in total assets and 15.6 billion yuan in total liabilities, with a liability-to-asset ratio of 63.3%.