China Spacesat Co.,Ltd.’s Net Profit Rose 10.4% in 2022

China Spacesat Co.,Ltd. (中国东方红卫星股份有限公司) (600118.SH) reported a net profit of 359.1 million yuan in 2022, up 10.4% year-on-year.

Meanwhile, the company posted 8.2 billion yuan in revenue, up 15.3% year-on-year.

At the end of the reporting period, it had 13.7 billion yuan in total assets and 5.6 billion yuan in total liabilities, with a liability-to-asset ratio of 40.8%.

This article was automatically produced by Caixin Automation on April 27, 2023.

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