Apr 21, 2023 08:00 AM

Shanghai Huace Navigation Technology Co.,Ltd.’s Net Profit Rose 24.4% in 2022

By Caixin Automation

Shanghai Huace Navigation Technology Co.,Ltd. (上海华测导航技术股份有限公司) (300627.SZ) reported a net profit of 360.4 million yuan in 2022, up 24.4% year-on-year.

Meanwhile, the company posted 2.2 billion yuan in revenue, up 17.5% year-on-year.

At the end of the reporting period, it had 4 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 35.8%.

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