Far East Smarter Energy Co.,Ltd.’s Net Profit Rose 12.8% in First Half of 2022

Far East Smarter Energy Co.,Ltd. (远东智慧能源股份有限公司) (600869.SH) reported a net profit of 360 million yuan in the first half of 2022, up 12.8% year-on-year.

Meanwhile, the company posted 10 billion yuan in revenue, up 10.2% year-on-year.

At the end of the reporting period, it had 19.4 billion yuan in total assets and 15.2 billion yuan in total liabilities, with a liability-to-asset ratio of 78.5%.