Zhongshan Broad-Ocean Motor Co.,Ltd.’s Net Profit Rose 20.1% in First Half of 2023

Zhongshan Broad-Ocean Motor Co.,Ltd. (中山大洋电机股份有限公司) (002249.SZ) reported a net profit of 404.1 million yuan in the first half of 2023, up 20.1% year-on-year.

Meanwhile, the company posted 5.6 billion yuan in revenue, up 1.7% year-on-year.

At the end of the reporting period, it had 15.4 billion yuan in total assets and 6.7 billion yuan in total liabilities, with a liability-to-asset ratio of 43.4%.