Henan Pinggao Electric Co.,Ltd.’s Net Profit Rose 142.1% in First Half of 2023

Henan Pinggao Electric Co.,Ltd. (河南平高电气股份有限公司) (600312.SH) reported a net profit of 383.1 million yuan in the first half of 2023, up 142.1% year-on-year.

Meanwhile, the company posted 4.8 billion yuan in revenue, up 20.1% year-on-year.

At the end of the reporting period, it had 18.8 billion yuan in total assets and 8.8 billion yuan in total liabilities, with a liability-to-asset ratio of 46.9%.