Harbin Electric Corporation Jiamusi Electric Machine Co.,Ltd.’s Net Profit Rose 11.5% in First Half of 2022

Harbin Electric Corporation Jiamusi Electric Machine Co.,Ltd. (哈尔滨电气集团佳木斯电机股份有限公司) (000922.SZ) reported a net profit of 152.3 million yuan in the first half of 2022, up 11.5% year-on-year.

Meanwhile, the company posted 1.7 billion yuan in revenue, up 19.6% year-on-year.

At the end of the reporting period, it had 5.3 billion yuan in total assets and 2.5 billion yuan in total liabilities, with a liability-to-asset ratio of 47.2%.