Ming Yang Smart Energy Group Limited’s Net Profit Rose 94.7% in First Half of 2021

Ming Yang Smart Energy Group Limited (明阳智慧能源集团股份公司) (601615.SH) reported a net profit of 1 billion yuan in the first half of 2021, up 94.7% year-on-year.

Meanwhile, the company posted 11.1 billion yuan in revenue, up 33.9% year-on-year.

At the end of the reporting period, it had 56.2 billion yuan in total assets and 39.6 billion yuan in total liabilities, with a liability-to-asset ratio of 70.4%.

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

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