Hytera Communications Corporation Limited Posted 407.1 Million Yuan Net Profit in 2022

Hytera Communications Corporation Limited (海能达通信股份有限公司) (002583.SZ) reported a net profit of 407.1 million yuan in 2022, reversing a net loss of 654.9 million yuan for the previous year.

Meanwhile, the company posted 5.7 billion yuan in revenue, down 1.2% year-on-year.

At the end of the reporting period, it had 11.5 billion yuan in total assets and 5.1 billion yuan in total liabilities, with a liability-to-asset ratio of 44.7%.