Apr 01, 2023 08:00 AM

Henan Yicheng New Energy Co.,Ltd. Posted 562.2 Million Yuan Net Profit in 2022

By Caixin Automation

Henan Yicheng New Energy Co.,Ltd. (河南易成新能源股份有限公司) (300080.SZ) reported a net profit of 562.2 million yuan in 2022, reversing a net loss of 254.7 million yuan for the previous year.

Meanwhile, the company posted 11.2 billion yuan in revenue, up 94.6% year-on-year.

At the end of the reporting period, it had 13.4 billion yuan in total assets and 7 billion yuan in total liabilities, with a liability-to-asset ratio of 51.8%.

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