Zhuzhou Crrc Times Electric Co.,Ltd.’s Net Profit Rose 27.4% in 2022

Zhuzhou Crrc Times Electric Co.,Ltd. (株洲中车时代电气股份有限公司) (688187.SH) reported a net profit of 2.6 billion yuan in 2022, up 27.4% year-on-year.

Meanwhile, the company posted 18 billion yuan in revenue, up 19.3% year-on-year.

At the end of the reporting period, it had 48.5 billion yuan in total assets and 13.2 billion yuan in total liabilities, with a liability-to-asset ratio of 27.2%.