Suzhou Hailu Heavy Industry Co.,Ltd.’s Net Profit Rose 1.6% in 2022

Suzhou Hailu Heavy Industry Co.,Ltd. (苏州海陆重工股份有限公司) (002255.SZ) reported a net profit of 349.4 million yuan in 2022, up 1.6% year-on-year.

Meanwhile, the company posted 2.4 billion yuan in revenue, down 6.6% year-on-year.

At the end of the reporting period, it had 6 billion yuan in total assets and 2.6 billion yuan in total liabilities, with a liability-to-asset ratio of 43.3%.