Guoguang Electric Company Limited’s Net Profit Rose 345.7% in 2022

Guoguang Electric Company Limited (国光电器股份有限公司) (002045.SZ) reported a net profit of 179.2 million yuan in 2022, up 345.7% year-on-year.

Meanwhile, the company posted 6 billion yuan in revenue, up 24.5% year-on-year.

At the end of the reporting period, it had 5.2 billion yuan in total assets and 3 billion yuan in total liabilities, with a liability-to-asset ratio of 58.5%.