Dongfang Electric Co.,Ltd.’s Net Profit Rose 12.4% in First Half of 2023

Dongfang Electric Co.,Ltd. (东方电气股份有限公司) (600875.SH) reported a net profit of 2.1 billion yuan in the first half of 2023, up 12.4% year-on-year.

Meanwhile, the company posted 29.3 billion yuan in revenue, up 7.2% year-on-year.

At the end of the reporting period, it had 126.5 billion yuan in total assets and 86.7 billion yuan in total liabilities, with a liability-to-asset ratio of 68.5%.