Henan Pinggao Electric Co.,Ltd.’s Net Profit Rose 149.5% in 2022

Henan Pinggao Electric Co.,Ltd. (河南平高电气股份有限公司) (600312.SH) reported a net profit of 300.4 million yuan in 2022, up 149.5% year-on-year.

Meanwhile, the company posted 9.3 billion yuan in revenue, flat year-on-year.

At the end of the reporting period, it had 17.8 billion yuan in total assets and 8.1 billion yuan in total liabilities, with a liability-to-asset ratio of 45.4%.