Zhejiang Sanhua Intelligent Controls Co.,Ltd.’s Net Profit Rose 39.4% in First Half of 2023

Zhejiang Sanhua Intelligent Controls Co.,Ltd. (浙江三花智能控制股份有限公司) (002050.SZ) reported a net profit of 1.4 billion yuan in the first half of 2023, up 39.4% year-on-year.

Meanwhile, the company posted 12.5 billion yuan in revenue, up 23.3% year-on-year.

At the end of the reporting period, it had 29.2 billion yuan in total assets and 15.1 billion yuan in total liabilities, with a liability-to-asset ratio of 51.7%.