Hwatsing Technology Co.,Ltd.’s Net Profit Rose 163.3% in First Half of 2022

Hwatsing Technology Co.,Ltd. (华海清科股份有限公司) (688120.SH) reported a net profit of 185.7 million yuan in the first half of 2022, up 163.3% year-on-year.

Meanwhile, the company posted 717.2 million yuan in revenue, up 144.3% year-on-year.

At the end of the reporting period, it had 6.9 billion yuan in total assets and 2.4 billion yuan in total liabilities, with a liability-to-asset ratio of 35.2%.