Henan Qing Shui Yuan Technology Co.,Ltd. Posted 106.5 Million Yuan Net Profit in First Half of 2022

Henan Qing Shui Yuan Technology Co.,Ltd. (河南清水源科技股份有限公司) (300437.SZ) reported a net profit of 106.5 million yuan in the first half of 2022, reversing a net loss of 37.2 million yuan for the same period in the previous year.

Meanwhile, the company posted 1 billion yuan in revenue, up 34.4% year-on-year.

At the end of the reporting period, it had 3.5 billion yuan in total assets and 1.8 billion yuan in total liabilities, with a liability-to-asset ratio of 50.9%.