Yantai Longyuan Power Technology Co.,Ltd.’s Net Profit Rose 1388.5% in 2022

Yantai Longyuan Power Technology Co.,Ltd. (烟台龙源电力技术股份有限公司) (300105.SZ) reported a net profit of 88.5 million yuan in 2022, up 1388.5% year-on-year.

Meanwhile, the company posted 732.7 million yuan in revenue, up 35.2% year-on-year.

At the end of the reporting period, it had 2.6 billion yuan in total assets and 673.4 million yuan in total liabilities, with a liability-to-asset ratio of 26.1%.