Hangzhou Huaguang Advanced Welding Materials Co.,Ltd.’s Net Profit Rose 55.2% in First Half of 2021

Hangzhou Huaguang Advanced Welding Materials Co.,Ltd. (杭州华光焊接新材料股份有限公司) (688379.SH) reported a net profit of 34.1 million yuan in the first half of 2021, up 55.2% year-on-year.

Meanwhile, the company posted 595.4 million yuan in revenue, up 72.9% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 464.3 million yuan in total liabilities, with a liability-to-asset ratio of 33.9%.

This article was automatically produced by Caixin Automation on Sept. 1, 2021.

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