Sungrow Power Supply Co.,Ltd.’s Net Profit Rose 368.4% in First Half of 2023

Sungrow Power Supply Co.,Ltd. (阳光电源股份有限公司) (300274.SZ) reported a net profit of 4.4 billion yuan in the first half of 2023, up 368.4% year-on-year.

Meanwhile, the company posted 28.6 billion yuan in revenue, up 133.1% year-on-year.

At the end of the reporting period, it had 72.7 billion yuan in total assets and 48.2 billion yuan in total liabilities, with a liability-to-asset ratio of 66.3%.