Beijing Sojo Electric Co.,Ltd. Posted 62.8 Million Yuan Net Profit in First Half of 2023

Beijing Sojo Electric Co.,Ltd. (北京双杰电气股份有限公司) (300444.SZ) reported a net profit of 62.8 million yuan in the first half of 2023, reversing a net loss of 66.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.5 billion yuan in revenue, up 74.4% year-on-year.

At the end of the reporting period, it had 4.7 billion yuan in total assets and 3.4 billion yuan in total liabilities, with a liability-to-asset ratio of 72.8%.