Xj Electric Co.,Ltd.’s Net Profit Rose 17.1% in First Half of 2023

Xj Electric Co.,Ltd. (许继电气股份有限公司) (000400.SZ) reported a net profit of 645.9 million yuan in the first half of 2023, up 17.1% year-on-year.

Meanwhile, the company posted 7.1 billion yuan in revenue, up 16.1% year-on-year.

At the end of the reporting period, it had 20.4 billion yuan in total assets and 8.9 billion yuan in total liabilities, with a liability-to-asset ratio of 43.7%.