Henan Senyuan Electric Co.,Ltd. Posted 39.4 Million Yuan Net Profit in 2022

Henan Senyuan Electric Co.,Ltd. (河南森源电气股份有限公司) (002358.SZ) reported a net profit of 39.4 million yuan in 2022, reversing a net loss of 489.3 million yuan for the previous year.

Meanwhile, the company posted 2.4 billion yuan in revenue, up 40.9% year-on-year.

At the end of the reporting period, it had 6.3 billion yuan in total assets and 3.2 billion yuan in total liabilities, with a liability-to-asset ratio of 50.7%.