Shanghai Liangxin Electrical Co.,Ltd.’s Net Profit Rose 0.8% in 2022

Shanghai Liangxin Electrical Co.,Ltd. (上海良信电器股份有限公司) (002706.SZ) reported a net profit of 421.8 million yuan in 2022, up 0.8% year-on-year.

Meanwhile, the company posted 4.2 billion yuan in revenue, up 3.2% year-on-year.

At the end of the reporting period, it had 5.7 billion yuan in total assets and 2 billion yuan in total liabilities, with a liability-to-asset ratio of 34.4%.