Shenergy Company Limited’s Net Profit Rose 119.4% in First Half of 2023

Shenergy Company Limited (申能股份有限公司) (600642.SH) reported a net profit of 2 billion yuan in the first half of 2023, up 119.4% year-on-year.

Meanwhile, the company posted 13.9 billion yuan in revenue, up 8.9% year-on-year.

At the end of the reporting period, it had 90.5 billion yuan in total assets and 51.1 billion yuan in total liabilities, with a liability-to-asset ratio of 56.5%.