Wuhan Yangtze Communication Industry Group Co.,Ltd.’s Net Profit Rose 103% in 2022

Wuhan Yangtze Communication Industry Group Co.,Ltd. (武汉长江通信产业集团股份有限公司) (600345.SH) reported a net profit of 185.6 million yuan in 2022, up 103% year-on-year.

Meanwhile, the company posted 231.9 million yuan in revenue, up 111% year-on-year.

At the end of the reporting period, it had 2.5 billion yuan in total assets and 294.4 million yuan in total liabilities, with a liability-to-asset ratio of 11.9%.