Sany Heavy Industry Co.,Ltd.’s Net Profit Dropped 64.3% in 2022

Sany Heavy Industry Co.,Ltd. (三一重工股份有限公司) (600031.SH) reported a net profit of 4.4 billion yuan in 2022, down 64.3% year-on-year.

Meanwhile, the company posted 80 billion yuan in revenue, down 24.4% year-on-year.

At the end of the reporting period, it had 158.8 billion yuan in total assets and 92.7 billion yuan in total liabilities, with a liability-to-asset ratio of 58.4%.