Hunan Corun New Energy Co.,Ltd.’s Net Profit Rose 3770.4% in 2022

Hunan Corun New Energy Co.,Ltd. (湖南科力远新能源股份有限公司) (600478.SH) reported a net profit of 199.9 million yuan in 2022, up 3770.4% year-on-year.

Meanwhile, the company posted 3.8 billion yuan in revenue, up 23.8% year-on-year.

At the end of the reporting period, it had 8 billion yuan in total assets and 4.6 billion yuan in total liabilities, with a liability-to-asset ratio of 58%.