Shanghai Huace Navigation Technology Co.,Ltd.’s Net Profit Rose 21.3% in First Half of 2022

Shanghai Huace Navigation Technology Co.,Ltd. (上海华测导航技术股份有限公司) (300627.SZ) reported a net profit of 131.2 million yuan in the first half of 2022, up 21.3% year-on-year.

Meanwhile, the company posted 928.6 million yuan in revenue, up 8.7% year-on-year.

At the end of the reporting period, it had 3.5 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 33.2%.