Dongfang Electric Co.,Ltd.’s Net Profit Rose 29.6% in First Half of 2022

Dongfang Electric Co.,Ltd. (东方电气股份有限公司) (600875.SH) reported a net profit of 1.9 billion yuan in the first half of 2022, up 29.6% year-on-year.

Meanwhile, the company posted 27.3 billion yuan in revenue, up 22.7% year-on-year.

At the end of the reporting period, it had 109.9 billion yuan in total assets and 73.2 billion yuan in total liabilities, with a liability-to-asset ratio of 66.7%.