Hangzhou Zhongheng Electric Co.,Ltd.’s Net Profit Rose 27.4% in First Half of 2021

Hangzhou Zhongheng Electric Co.,Ltd. (杭州中恒电气股份有限公司) (002364.SZ) reported a net profit of 38 million yuan in the first half of 2021, up 27.4% year-on-year.

Meanwhile, the company posted 659.8 million yuan in revenue, up 62.3% year-on-year.

At the end of the reporting period, it had 3.2 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 31.6%.

This article was automatically produced by Caixin Automation on Aug. 26, 2021.

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