Newonder Special Electric Co.,Ltd.’s Net Profit Rose 5.8% in First Half of 2023

Newonder Special Electric Co.,Ltd. (新华都特种电气股份有限公司) (301120.SZ) reported a net profit of 49.8 million yuan in the first half of 2023, up 5.8% year-on-year.

Meanwhile, the company posted 252.9 million yuan in revenue, up 21.2% year-on-year.

At the end of the reporting period, it had 1.7 billion yuan in total assets and 95.6 million yuan in total liabilities, with a liability-to-asset ratio of 5.7%.