Xj Electric Co.,Ltd.’s Net Profit Rose 15.4% in First Half of 2022

Xj Electric Co.,Ltd. (许继电气股份有限公司) (000400.SZ) reported a net profit of 551.5 million yuan in the first half of 2022, up 15.4% year-on-year.

Meanwhile, the company posted 6.1 billion yuan in revenue, up 23.7% year-on-year.

At the end of the reporting period, it had 17.6 billion yuan in total assets and 7 billion yuan in total liabilities, with a liability-to-asset ratio of 39.9%.