Qingdao Daneng Environment-Protection Equipment Co.,Ltd.’s Net Profit Rose 79.7% in First Half of 2023

Qingdao Daneng Environment-Protection Equipment Co.,Ltd. (青岛达能环保设备股份有限公司) (688501.SH) reported a net profit of 17.9 million yuan in the first half of 2023, up 79.7% year-on-year.

Meanwhile, the company posted 352.5 million yuan in revenue, up 64.8% year-on-year.

At the end of the reporting period, it had 1.7 billion yuan in total assets and 869.5 million yuan in total liabilities, with a liability-to-asset ratio of 51%.