Chengdu Tangyuan Electric Co.,Ltd.’s Net Profit Rose 29.2% in First Half of 2022

Chengdu Tangyuan Electric Co.,Ltd. (成都唐源电气股份有限公司) (300789.SZ) reported a net profit of 31.7 million yuan in the first half of 2022, up 29.2% year-on-year.

Meanwhile, the company posted 181.2 million yuan in revenue, up 28.1% year-on-year.

At the end of the reporting period, it had 1.1 billion yuan in total assets and 306.5 million yuan in total liabilities, with a liability-to-asset ratio of 26.9%.