Jiangnan Yifan Motor Co.,Ltd.’s Net Profit Rose 53.2% in First Half of 2022

Jiangnan Yifan Motor Co.,Ltd. (无锡江南奕帆电力传动科技股份有限公司) (301023.SZ) reported a net profit of 46.5 million yuan in the first half of 2022, up 53.2% year-on-year.

Meanwhile, the company posted 92.4 million yuan in revenue, down 2.8% year-on-year.

At the end of the reporting period, it had 906.1 million yuan in total assets and 70.7 million yuan in total liabilities, with a liability-to-asset ratio of 7.8%.