Suwen Electric Energy Technology Co.,Ltd.’s Net Profit Dropped 15.3% in 2022

Suwen Electric Energy Technology Co.,Ltd. (苏文电能科技股份有限公司) (300982.SZ) reported a net profit of 255.1 million yuan in 2022, down 15.3% year-on-year.

Meanwhile, the company posted 2.4 billion yuan in revenue, up 27% year-on-year.

At the end of the reporting period, it had 4.7 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 35.8%.