Shanghai Taisheng Wind Power Equipment Co.,Ltd.’s Net Profit Rose 47% in First Quarter of 2023

Shanghai Taisheng Wind Power Equipment Co.,Ltd. (上海泰胜风能装备股份有限公司) (300129.SZ) reported a net profit of 89.3 million yuan in the first quarter of 2023, up 47% year-on-year.

Meanwhile, the company posted 804.9 million yuan in revenue, up 44.4% year-on-year.

At the end of the reporting period, it had 6.8 billion yuan in total assets and 2.7 billion yuan in total liabilities, with a liability-to-asset ratio of 39.1%.