Shandong Sacred Sun Power Sources Co.,Ltd.’s Net Profit Rose 295.1% in 2022

Shandong Sacred Sun Power Sources Co.,Ltd. (山东圣阳电源股份有限公司) (002580.SZ) reported a net profit of 135.2 million yuan in 2022, up 295.1% year-on-year.

Meanwhile, the company posted 2.8 billion yuan in revenue, up 33.8% year-on-year.

At the end of the reporting period, it had 3 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 34%.