Henan Senyuan Electric Co.,Ltd. Posted 17.4 Million Yuan Net Profit in First Half of 2022

Henan Senyuan Electric Co.,Ltd. (河南森源电气股份有限公司) (002358.SZ) reported a net profit of 17.4 million yuan in the first half of 2022, reversing a net loss of 29.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 1 billion yuan in revenue, up 23.1% year-on-year.

At the end of the reporting period, it had 6 billion yuan in total assets and 2.9 billion yuan in total liabilities, with a liability-to-asset ratio of 48.4%.