Goodwe Technologies Co.,Ltd.’s Net Profit Rose 1394.1% in First Half of 2023

Goodwe Technologies Co.,Ltd. (固德威技术股份有限公司) (688390.SH) reported a net profit of 736.4 million yuan in the first half of 2023, up 1394.1% year-on-year.

Meanwhile, the company posted 3.8 billion yuan in revenue, up 162.6% year-on-year.

At the end of the reporting period, it had 7.1 billion yuan in total assets and 4.2 billion yuan in total liabilities, with a liability-to-asset ratio of 59.2%.