Qingdao Daneng Environment-Protection Equipment Co.,Ltd.’s Net Profit Rose 10.8% in 2022

Qingdao Daneng Environment-Protection Equipment Co.,Ltd. (青岛达能环保设备股份有限公司) (688501.SH) reported a net profit of 70.5 million yuan in 2022, up 10.8% year-on-year.

Meanwhile, the company posted 762.2 million yuan in revenue, up 21.4% year-on-year.

At the end of the reporting period, it had 1.7 billion yuan in total assets and 861.7 million yuan in total liabilities, with a liability-to-asset ratio of 51.1%.