Sungrow Power Supply Co.,Ltd.’s Net Profit Rose 19.5% in First Half of 2022

Sungrow Power Supply Co.,Ltd. (阳光电源股份有限公司) (300274.SZ) reported a net profit of 941.9 million yuan in the first half of 2022, up 19.5% year-on-year.

Meanwhile, the company posted 12.3 billion yuan in revenue, up 49.6% year-on-year.

At the end of the reporting period, it had 50.1 billion yuan in total assets and 33.1 billion yuan in total liabilities, with a liability-to-asset ratio of 66.1%.