Qingdao East Steel Tower Stock Co.,Ltd.’s Net Profit Rose 104.6% in 2022

Qingdao East Steel Tower Stock Co.,Ltd. (青岛东方铁塔股份有限公司) (002545.SZ) reported a net profit of 821.7 million yuan in 2022, up 104.6% year-on-year.

Meanwhile, the company posted 3.6 billion yuan in revenue, up 30% year-on-year.

At the end of the reporting period, it had 13 billion yuan in total assets and 4.6 billion yuan in total liabilities, with a liability-to-asset ratio of 35%.