China Xd Electric Co.,Ltd.’s Net Profit Rose 18.4% in 2022

China Xd Electric Co.,Ltd. (中国西电电气股份有限公司) (601179.SH) reported a net profit of 713.6 million yuan in 2022, up 18.4% year-on-year.

Meanwhile, the company posted 18 billion yuan in revenue, up 26.6% year-on-year.

At the end of the reporting period, it had 40.8 billion yuan in total assets and 17.9 billion yuan in total liabilities, with a liability-to-asset ratio of 43.8%.

This article was automatically produced by Caixin Automation on April 27, 2023.

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