Jiawei Renewable Energy Co.,Ltd. Posted 90.2 Million Yuan Net Profit in 2022

Jiawei Renewable Energy Co.,Ltd. (珈伟新能源股份有限公司) (300317.SZ) reported a net profit of 90.2 million yuan in 2022, reversing a net loss of 243.3 million yuan for the previous year.

Meanwhile, the company posted 505.3 million yuan in revenue, down 12.8% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 529.7 million yuan in total liabilities, with a liability-to-asset ratio of 22.7%.