Shenzhen Invt Electric Co.,Ltd.’s Net Profit Rose 274% in First Half of 2023

Shenzhen Invt Electric Co.,Ltd. (深圳市英威腾电气股份有限公司) (002334.SZ) reported a net profit of 220.8 million yuan in the first half of 2023, up 274% year-on-year.

Meanwhile, the company posted 2.2 billion yuan in revenue, up 24.1% year-on-year.

At the end of the reporting period, it had 5 billion yuan in total assets and 2.5 billion yuan in total liabilities, with a liability-to-asset ratio of 49.4%.