Xi'An Shaangu Power Co.,Ltd.’s Net Profit Rose 10.8% in 2022

Xi'An Shaangu Power Co.,Ltd. (西安陕鼓动力股份有限公司) (601369.SH) reported a net profit of 1.1 billion yuan in 2022, up 10.8% year-on-year.

Meanwhile, the company posted 10.8 billion yuan in revenue, up 3.9% year-on-year.

At the end of the reporting period, it had 27.5 billion yuan in total assets and 18.9 billion yuan in total liabilities, with a liability-to-asset ratio of 68.5%.