Tbea Co.,Ltd.’s Net Profit Rose 149.9% in First Half of 2022

Tbea Co.,Ltd. (特变电工股份有限公司) (600089.SH) reported a net profit of 9.5 billion yuan in the first half of 2022, up 149.9% year-on-year.

Meanwhile, the company posted 38.7 billion yuan in revenue, up 72.2% year-on-year.

At the end of the reporting period, it had 138.9 billion yuan in total assets and 75.8 billion yuan in total liabilities, with a liability-to-asset ratio of 54.6%.