Huadian Heavy Industries Co.,Ltd.’s Net Profit Rose 1.9% in 2022

Huadian Heavy Industries Co.,Ltd. (华电重工股份有限公司) (601226.SH) reported a net profit of 309.8 million yuan in 2022, up 1.9% year-on-year.

Meanwhile, the company posted 8.2 billion yuan in revenue, down 20.6% year-on-year.

At the end of the reporting period, it had 11.3 billion yuan in total assets and 6.9 billion yuan in total liabilities, with a liability-to-asset ratio of 61.2%.