Weifang Yaxing Chemical Co.,Ltd. Posted 29.8 Million Yuan Net Profit in First Half of 2022

Weifang Yaxing Chemical Co.,Ltd. (潍坊亚星化学股份有限公司) (600319.SH) reported a net profit of 29.8 million yuan in the first half of 2022, reversing a net loss of 12.1 million yuan for the same period in the previous year.

Meanwhile, the company posted 401.9 million yuan in revenue, up 1556.3% year-on-year.

At the end of the reporting period, it had 1.9 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 86%.