Sunwave Communications Co.,Ltd. Posted 134.2 Million Yuan Net Profit in 2022

Sunwave Communications Co.,Ltd. (三维通信股份有限公司) (002115.SZ) reported a net profit of 134.2 million yuan in 2022, reversing a net loss of 722.6 million yuan for the previous year.

Meanwhile, the company posted 10.3 billion yuan in revenue, up 0.3% year-on-year.

At the end of the reporting period, it had 4.6 billion yuan in total assets and 2.1 billion yuan in total liabilities, with a liability-to-asset ratio of 46.7%.