Huadian Heavy Industries Co.,Ltd.’s Net Profit Rose 39.7% in First Half of 2022

Huadian Heavy Industries Co.,Ltd. (华电重工股份有限公司) (601226.SH) reported a net profit of 101.5 million yuan in the first half of 2022, up 39.7% year-on-year.

Meanwhile, the company posted 3.4 billion yuan in revenue, up 5% year-on-year.

At the end of the reporting period, it had 10.7 billion yuan in total assets and 6.6 billion yuan in total liabilities, with a liability-to-asset ratio of 61.4%.