Shanghai Liangxin Electrical Co.,Ltd.’s Net Profit Rose 28.4% in First Half of 2023

Shanghai Liangxin Electrical Co.,Ltd. (上海良信电器股份有限公司) (002706.SZ) reported a net profit of 275.5 million yuan in the first half of 2023, up 28.4% year-on-year.

Meanwhile, the company posted 2.3 billion yuan in revenue, up 20.6% year-on-year.

At the end of the reporting period, it had 5.7 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 32.4%.