Shandong Mining Machinery Group Co.,Ltd.’s Net Profit Rose 70% in 2022

Shandong Mining Machinery Group Co.,Ltd. (山东矿机集团股份有限公司) (002526.SZ) reported a net profit of 119.9 million yuan in 2022, up 70% year-on-year.

Meanwhile, the company posted 2.4 billion yuan in revenue, up 5.2% year-on-year.

At the end of the reporting period, it had 4.4 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 33.2%.