Xi'An Shaangu Power Co.,Ltd.’s Net Profit Rose 9.1% in First Half of 2022

Xi'An Shaangu Power Co.,Ltd. (西安陕鼓动力股份有限公司) (601369.SH) reported a net profit of 613.3 million yuan in the first half of 2022, up 9.1% year-on-year.

Meanwhile, the company posted 5.9 billion yuan in revenue, up 8.1% year-on-year.

At the end of the reporting period, it had 26.5 billion yuan in total assets and 18.4 billion yuan in total liabilities, with a liability-to-asset ratio of 69.5%.