Zhenjiang Dongfang Electric Heating Technology Co.,Ltd.’s Net Profit Rose 33.8% in First Half of 2023

Zhenjiang Dongfang Electric Heating Technology Co.,Ltd. (镇江东方电热科技股份有限公司) (300217.SZ) reported a net profit of 193.7 million yuan in the first half of 2023, up 33.8% year-on-year.

Meanwhile, the company posted 2 billion yuan in revenue, up 18.2% year-on-year.

At the end of the reporting period, it had 7.5 billion yuan in total assets and 4 billion yuan in total liabilities, with a liability-to-asset ratio of 53.6%.