Zhejiang Chint Electrics Co.,Ltd.’s Net Profit Rose 0.8% in First Half of 2022

Zhejiang Chint Electrics Co.,Ltd. (浙江正泰电器股份有限公司) (601877.SH) reported a net profit of 2 billion yuan in the first half of 2022, up 0.8% year-on-year.

Meanwhile, the company posted 23.5 billion yuan in revenue, up 44.9% year-on-year.

At the end of the reporting period, it had 101.7 billion yuan in total assets and 66.5 billion yuan in total liabilities, with a liability-to-asset ratio of 65.5%.