Longyan Zhuoyue New Energy Co.,Ltd.’s Net Profit Rose 149.2% in First Half of 2022

Longyan Zhuoyue New Energy Co.,Ltd. (龙岩卓越新能源股份有限公司) (688196.SH) reported a net profit of 265 million yuan in the first half of 2022, up 149.2% year-on-year.

Meanwhile, the company posted 2.3 billion yuan in revenue, up 101.5% year-on-year.

At the end of the reporting period, it had 2.8 billion yuan in total assets and 251.6 million yuan in total liabilities, with a liability-to-asset ratio of 8.8%.