China National Electric Apparatus Research Institute Co.,Ltd.’s Net Profit Rose 11.7% in First Half of 2023

China National Electric Apparatus Research Institute Co.,Ltd. (中国电器科学研究院股份有限公司) (688128.SH) reported a net profit of 181.5 million yuan in the first half of 2023, up 11.7% year-on-year.

Meanwhile, the company posted 1.8 billion yuan in revenue, up 11.9% year-on-year.

At the end of the reporting period, it had 6.7 billion yuan in total assets and 4 billion yuan in total liabilities, with a liability-to-asset ratio of 59.5%.