Sichuan Changhong Electric Co.,Ltd.’s Net Profit Rose 34.1% in First Half of 2022

Sichuan Changhong Electric Co.,Ltd. (四川长虹电器股份有限公司) (600839.SH) reported a net profit of 378.1 million yuan in the first half of 2022, up 34.1% year-on-year.

Meanwhile, the company posted 43.9 billion yuan in revenue, down 10.7% year-on-year.

At the end of the reporting period, it had 82.7 billion yuan in total assets and 60.9 billion yuan in total liabilities, with a liability-to-asset ratio of 73.7%.