Harbin Electric Corporation Jiamusi Electric Machine Co.,Ltd.’s Net Profit Rose 31.1% in First Half of 2023

Harbin Electric Corporation Jiamusi Electric Machine Co.,Ltd. (哈尔滨电气集团佳木斯电机股份有限公司) (000922.SZ) reported a net profit of 199.6 million yuan in the first half of 2023, up 31.1% year-on-year.

Meanwhile, the company posted 2.1 billion yuan in revenue, up 22.7% year-on-year.

At the end of the reporting period, it had 5.8 billion yuan in total assets and 2.7 billion yuan in total liabilities, with a liability-to-asset ratio of 45.9%.