China National Electric Apparatus Research Institute Co.,Ltd.’s Net Profit Rose 2% in First Half of 2022

China National Electric Apparatus Research Institute Co.,Ltd. (中国电器科学研究院股份有限公司) (688128.SH) reported a net profit of 162.4 million yuan in the first half of 2022, up 2% year-on-year.

Meanwhile, the company posted 1.6 billion yuan in revenue, up 4.2% year-on-year.

At the end of the reporting period, it had 5.4 billion yuan in total assets and 2.9 billion yuan in total liabilities, with a liability-to-asset ratio of 54.2%.