Wuxi Autowell Technology Co.,Ltd.’s Net Profit Rose 105.1% in First Half of 2022

Wuxi Autowell Technology Co.,Ltd. (无锡奥特维科技股份有限公司) (688516.SH) reported a net profit of 290.9 million yuan in the first half of 2022, up 105.1% year-on-year.

Meanwhile, the company posted 1.5 billion yuan in revenue, up 63.9% year-on-year.

At the end of the reporting period, it had 5.7 billion yuan in total assets and 4.1 billion yuan in total liabilities, with a liability-to-asset ratio of 72.1%.