Hubei Huitian New Materials Co.,Ltd.’s Net Profit Rose 21.3% in First Half of 2022

Hubei Huitian New Materials Co.,Ltd. (湖北回天新材料股份有限公司) (300041.SZ) reported a net profit of 182.1 million yuan in the first half of 2022, up 21.3% year-on-year.

Meanwhile, the company posted 1.9 billion yuan in revenue, up 34.8% year-on-year.

At the end of the reporting period, it had 4.8 billion yuan in total assets and 2.5 billion yuan in total liabilities, with a liability-to-asset ratio of 51.3%.