Fujian Funeng Co.,Ltd.’s Net Profit Rose 26.3% in First Half of 2022

Fujian Funeng Co.,Ltd. (福建福能股份有限公司) (600483.SH) reported a net profit of 1.4 billion yuan in the first half of 2022, up 26.3% year-on-year.

Meanwhile, the company posted 5.4 billion yuan in revenue, down 6.9% year-on-year.

At the end of the reporting period, it had 47.4 billion yuan in total assets and 24.9 billion yuan in total liabilities, with a liability-to-asset ratio of 52.4%.