Zhejiang Chint Electrics Co.,Ltd.’s Net Profit Rose 28.6% in First Half of 2023

Zhejiang Chint Electrics Co.,Ltd. (浙江正泰电器股份有限公司) (601877.SH) reported a net profit of 2.5 billion yuan in the first half of 2023, up 28.6% year-on-year.

Meanwhile, the company posted 27.9 billion yuan in revenue, up 17.9% year-on-year.

At the end of the reporting period, it had 110.6 billion yuan in total assets and 66.2 billion yuan in total liabilities, with a liability-to-asset ratio of 59.9%.