Zhenjiang Dongfang Electric Heating Technology Co.,Ltd.’s Net Profit Rose 80.6% in 2022

Zhenjiang Dongfang Electric Heating Technology Co.,Ltd. (镇江东方电热科技股份有限公司) (300217.SZ) reported a net profit of 303.4 million yuan in 2022, up 80.6% year-on-year.

Meanwhile, the company posted 3.8 billion yuan in revenue, up 37% year-on-year.

At the end of the reporting period, it had 7.2 billion yuan in total assets and 3.9 billion yuan in total liabilities, with a liability-to-asset ratio of 54.2%.