Henan Yicheng New Energy Co.,Ltd.’s Net Profit Rose 234.6% in First Half of 2022

Henan Yicheng New Energy Co.,Ltd. (河南易成新能源股份有限公司) (300080.SZ) reported a net profit of 84.6 million yuan in the first half of 2022, up 234.6% year-on-year.

Meanwhile, the company posted 4.9 billion yuan in revenue, up 76.7% year-on-year.

At the end of the reporting period, it had 11.7 billion yuan in total assets and 6.1 billion yuan in total liabilities, with a liability-to-asset ratio of 52.3%.