Huaming Power Equipment Co.,Ltd.’s Net Profit Rose 55.7% in First Half of 2023

Huaming Power Equipment Co.,Ltd. (华明电力装备股份有限公司) (002270.SZ) reported a net profit of 291.1 million yuan in the first half of 2023, up 55.7% year-on-year.

Meanwhile, the company posted 909.5 million yuan in revenue, up 21.3% year-on-year.

At the end of the reporting period, it had 4.4 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 23.1%.