Titan Wind Energy(Suzhou) Co.,Ltd.’s Net Profit Dropped 52.8% in 2022

Titan Wind Energy(Suzhou) Co.,Ltd. (天顺风能(苏州)股份有限公司) (002531.SZ) reported a net profit of 615.5 million yuan in 2022, down 52.8% year-on-year.

Meanwhile, the company posted 6.7 billion yuan in revenue, down 17.5% year-on-year.

At the end of the reporting period, it had 19.9 billion yuan in total assets and 11.6 billion yuan in total liabilities, with a liability-to-asset ratio of 58.2%.