Bichamp Cutting Technology(Hunan) Co.,Ltd.’s Net Profit Rose 39% in First Half of 2022

Bichamp Cutting Technology(Hunan) Co.,Ltd. (湖南泰嘉新材料科技股份有限公司) (002843.SZ) reported a net profit of 41.6 million yuan in the first half of 2022, up 39% year-on-year.

Meanwhile, the company posted 288.3 million yuan in revenue, up 14.1% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 574.1 million yuan in total liabilities, with a liability-to-asset ratio of 48.4%.