Zhuzhou Crrc Times Electric Co.,Ltd.’s Net Profit Rose 25.1% in First Half of 2022

Zhuzhou Crrc Times Electric Co.,Ltd. (株洲中车时代电气股份有限公司) (688187.SH) reported a net profit of 879.1 million yuan in the first half of 2022, up 25.1% year-on-year.

Meanwhile, the company posted 6.5 billion yuan in revenue, up 23.2% year-on-year.

At the end of the reporting period, it had 46 billion yuan in total assets and 12.4 billion yuan in total liabilities, with a liability-to-asset ratio of 26.9%.