China Suntien Green Energy Corporation Limited’s Net Profit Dropped 1.3% in 2022

China Suntien Green Energy Corporation Limited (新天绿色能源股份有限公司) (600956.SH) reported a net profit of 2.8 billion yuan in 2022, down 1.3% year-on-year.

Meanwhile, the company posted 18.6 billion yuan in revenue, up 15% year-on-year.

At the end of the reporting period, it had 77.4 billion yuan in total assets and 52.2 billion yuan in total liabilities, with a liability-to-asset ratio of 67.5%.