Longyan Zhuoyue New Energy Co.,Ltd.’s Net Profit Rose 31% in 2022

Longyan Zhuoyue New Energy Co.,Ltd. (龙岩卓越新能源股份有限公司) (688196.SH) reported a net profit of 451.7 million yuan in 2022, up 31% year-on-year.

Meanwhile, the company posted 4.3 billion yuan in revenue, up 40.9% year-on-year.

At the end of the reporting period, it had 3 billion yuan in total assets and 201.7 million yuan in total liabilities, with a liability-to-asset ratio of 6.8%.