Shanghai Zhixin Electric Co.,Ltd.’s Net Profit Rose 23.4% in First Half of 2023

Shanghai Zhixin Electric Co.,Ltd. (国网英大股份有限公司) (600517.SH) reported a net profit of 1 billion yuan in the first half of 2023, up 23.4% year-on-year.

Meanwhile, the company posted 3 billion yuan in revenue, up 13.6% year-on-year.

At the end of the reporting period, it had 46 billion yuan in total assets and 23.2 billion yuan in total liabilities, with a liability-to-asset ratio of 50.4%.