Inner Mongolia North Hauler Joint Stock Co.,Ltd.’s Net Profit Rose 87% in First Quarter of 2022

Inner Mongolia North Hauler Joint Stock Co.,Ltd. (内蒙古北方重型汽车股份有限公司) (600262.SH) reported a net profit of 32.7 million yuan in the first quarter of 2022, up 87% year-on-year.

Meanwhile, the company posted 528.2 million yuan in revenue, up 94.3% year-on-year.

At the end of the reporting period, it had 3.1 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 54.5%.