Guodian Nanjing Automation Company Limited’s Net Profit Dropped 18.9% in 2022

Guodian Nanjing Automation Company Limited (国电南京自动化股份有限公司) (600268.SH) reported a net profit of 354.9 million yuan in 2022, down 18.9% year-on-year.

Meanwhile, the company posted 7 billion yuan in revenue, up 18.9% year-on-year.

At the end of the reporting period, it had 9.2 billion yuan in total assets and 5.5 billion yuan in total liabilities, with a liability-to-asset ratio of 60.3%.