Apr 28, 2023 08:00 AM

Wuxi Xinje Electric Co.,Ltd.’s Net Profit Dropped 26.9% in 2022

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Wuxi Xinje Electric Co.,Ltd. (无锡信捷电气股份有限公司) (603416.SH) reported a net profit of 222 million yuan in 2022, down 26.9% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, up 2.8% year-on-year.

At the end of the reporting period, it had 2.7 billion yuan in total assets and 730.3 million yuan in total liabilities, with a liability-to-asset ratio of 27.1%.

This article was automatically produced by Caixin Automation on May 8, 2023.

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