Zhongshan Broad-Ocean Motor Co.,Ltd.’s Net Profit Rose 57.9% in 2022

Zhongshan Broad-Ocean Motor Co.,Ltd. (中山大洋电机股份有限公司) (002249.SZ) reported a net profit of 424.8 million yuan in 2022, up 57.9% year-on-year.

Meanwhile, the company posted 10.9 billion yuan in revenue, up 9.1% year-on-year.

At the end of the reporting period, it had 15.2 billion yuan in total assets and 6.7 billion yuan in total liabilities, with a liability-to-asset ratio of 44.5%.