Zhongshan Broad-Ocean Motor Co.,Ltd.’s Net Profit Rose 41.3% in First Half of 2022

Zhongshan Broad-Ocean Motor Co.,Ltd. (中山大洋电机股份有限公司) (002249.SZ) reported a net profit of 336.5 million yuan in the first half of 2022, up 41.3% year-on-year.

Meanwhile, the company posted 5.5 billion yuan in revenue, up 18.4% year-on-year.

At the end of the reporting period, it had 16.1 billion yuan in total assets and 7.5 billion yuan in total liabilities, with a liability-to-asset ratio of 46.5%.