Shanghai Liangxin Electrical Co.,Ltd.’s Net Profit Rose 5.5% in First Half of 2022

Shanghai Liangxin Electrical Co.,Ltd. (上海良信电器股份有限公司) (002706.SZ) reported a net profit of 214.6 million yuan in the first half of 2022, up 5.5% year-on-year.

Meanwhile, the company posted 1.9 billion yuan in revenue, up 5.9% year-on-year.

At the end of the reporting period, it had 4.4 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 43.5%.