Far East Smarter Energy Co.,Ltd.’s Net Profit Rose 3.4% in 2022

Far East Smarter Energy Co.,Ltd. (远东智慧能源股份有限公司) (600869.SH) reported a net profit of 579.3 million yuan in 2022, up 3.4% year-on-year.

Meanwhile, the company posted 21.7 billion yuan in revenue, up 3.9% year-on-year.

At the end of the reporting period, it had 19.1 billion yuan in total assets and 14.6 billion yuan in total liabilities, with a liability-to-asset ratio of 76.7%.