Jiawei Renewable Energy Co.,Ltd. Posted 75.3 Million Yuan Net Profit in First Half of 2022

Jiawei Renewable Energy Co.,Ltd. (珈伟新能源股份有限公司) (300317.SZ) reported a net profit of 75.3 million yuan in the first half of 2022, reversing a net loss of 8.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 322.5 million yuan in revenue, down 2.5% year-on-year.

At the end of the reporting period, it had 2.5 billion yuan in total assets and 719.1 million yuan in total liabilities, with a liability-to-asset ratio of 28.7%.