Zhenjiang Dongfang Electric Heating Technology Co.,Ltd.’s Net Profit Rose 215.6% in First Half of 2022

Zhenjiang Dongfang Electric Heating Technology Co.,Ltd. (镇江东方电热科技股份有限公司) (300217.SZ) reported a net profit of 144.8 million yuan in the first half of 2022, up 215.6% year-on-year.

Meanwhile, the company posted 1.7 billion yuan in revenue, up 28.5% year-on-year.

At the end of the reporting period, it had 6 billion yuan in total assets and 3.1 billion yuan in total liabilities, with a liability-to-asset ratio of 51.5%.