Suzhou Industrial Park Heshun Electric Co.,Ltd. Posted 915,752 Yuan Net Profit in First Half of 2023

Suzhou Industrial Park Heshun Electric Co.,Ltd. (苏州工业园区和顺电气股份有限公司) (300141.SZ) reported a net profit of 915,752 yuan in the first half of 2023, reversing a net loss of 8.3 million yuan for the same period in the previous year.

Meanwhile, the company posted 153.3 million yuan in revenue, up 65.9% year-on-year.

At the end of the reporting period, it had 1 billion yuan in total assets and 288.3 million yuan in total liabilities, with a liability-to-asset ratio of 30%.