Greatoo Intelligent Equipment Inc. Posted 39.2 Million Yuan Net Profit in 2022

Greatoo Intelligent Equipment Inc. (巨轮智能装备股份有限公司) (002031.SZ) reported a net profit of 39.2 million yuan in 2022, reversing a net loss of 415.8 million yuan for the previous year.

Meanwhile, the company posted 1 billion yuan in revenue, down 55.2% year-on-year.

At the end of the reporting period, it had 4.4 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 43.8%.