Ningbo Kbe Electrical Technology Co.,Ltd.’s Net Profit Rose 62.2% in 2022

Ningbo Kbe Electrical Technology Co.,Ltd. (宁波卡倍亿电气技术股份有限公司) (300863.SZ) reported a net profit of 140.1 million yuan in 2022, up 62.2% year-on-year.

Meanwhile, the company posted 2.9 billion yuan in revenue, up 30% year-on-year.

At the end of the reporting period, it had 2.4 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 67%.