Sichuan Changhong Electric Co.,Ltd.’s Net Profit Rose 68% in 2022

Sichuan Changhong Electric Co.,Ltd. (四川长虹电器股份有限公司) (600839.SH) reported a net profit of 1.1 billion yuan in 2022, up 68% year-on-year.

Meanwhile, the company posted 92.5 billion yuan in revenue, down 7.2% year-on-year.

At the end of the reporting period, it had 85.5 billion yuan in total assets and 62.7 billion yuan in total liabilities, with a liability-to-asset ratio of 73.3%.