Wuhan Zhongyuan Huadian Science&Technology Co.,Ltd.’s Net Profit Dropped 93% in 2022

Wuhan Zhongyuan Huadian Science&Technology Co.,Ltd. (武汉中元华电科技股份有限公司) (300018.SZ) reported a net profit of 6.1 million yuan in 2022, down 93% year-on-year.

Meanwhile, the company posted 442.8 million yuan in revenue, up 5.3% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 166.9 million yuan in total liabilities, with a liability-to-asset ratio of 12%.