Kingclean Electric Co.,Ltd.’s Net Profit Rose 19.1% in First Half of 2023

Kingclean Electric Co.,Ltd. (莱克电气股份有限公司) (603355.SH) reported a net profit of 574.1 million yuan in the first half of 2023, up 19.1% year-on-year.

Meanwhile, the company posted 3.7 billion yuan in revenue, down 19.1% year-on-year.

At the end of the reporting period, it had 10.9 billion yuan in total assets and 7.1 billion yuan in total liabilities, with a liability-to-asset ratio of 65%.