Shantui Construction Machinery Co.,Ltd.’s Net Profit Rose 287.8% in 2022

Shantui Construction Machinery Co.,Ltd. (山推工程机械股份有限公司) (000680.SZ) reported a net profit of 636.3 million yuan in 2022, up 287.8% year-on-year.

Meanwhile, the company posted 10 billion yuan in revenue, up 9% year-on-year.

At the end of the reporting period, it had 11.5 billion yuan in total assets and 6.3 billion yuan in total liabilities, with a liability-to-asset ratio of 55.1%.