China Xd Electric Co.,Ltd.’s Net Profit Rose 14.9% in First Half of 2023

China Xd Electric Co.,Ltd. (中国西电电气股份有限公司) (601179.SH) reported a net profit of 476.9 million yuan in the first half of 2023, up 14.9% year-on-year.

Meanwhile, the company posted 9.2 billion yuan in revenue, up 7.5% year-on-year.

At the end of the reporting period, it had 40 billion yuan in total assets and 15.5 billion yuan in total liabilities, with a liability-to-asset ratio of 38.8%.