Shenzhen Megmeet Electrical Co.,Ltd.’s Net Profit Rose 14.2% in First Half of 2022

Shenzhen Megmeet Electrical Co.,Ltd. (深圳麦格米特电气股份有限公司) (002851.SZ) reported a net profit of 228 million yuan in the first half of 2022, up 14.2% year-on-year.

Meanwhile, the company posted 2.7 billion yuan in revenue, up 39.6% year-on-year.

At the end of the reporting period, it had 7.1 billion yuan in total assets and 3.7 billion yuan in total liabilities, with a liability-to-asset ratio of 52.5%.