Henan Senyuan Electric Co.,Ltd.’s Net Profit Rose 59.7% in First Quarter of 2023

Henan Senyuan Electric Co.,Ltd. (河南森源电气股份有限公司) (002358.SZ) reported a net profit of 13.9 million yuan in the first quarter of 2023, up 59.7% year-on-year.

Meanwhile, the company posted 513.7 million yuan in revenue, up 12.2% year-on-year.

At the end of the reporting period, it had 6.2 billion yuan in total assets and 3.1 billion yuan in total liabilities, with a liability-to-asset ratio of 49.8%.