Harbin Dongan Auto Engine Co.,Ltd.’s Net Profit Dropped 45.1% in First Half of 2022

Harbin Dongan Auto Engine Co.,Ltd. (哈尔滨东安汽车动力股份有限公司) (600178.SH) reported a net profit of 76.4 million yuan in the first half of 2022, down 45.1% year-on-year.
Meanwhile, the company posted 3.2 billion yuan in revenue, down 5.3% year-on-year.
At the end of the reporting period, it had 8.1 billion yuan in total assets and 4.8 billion yuan in total liabilities, with a liability-to-asset ratio of 58.9%.
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