Shenzhen Woer Heat-Shrinkable Material Co.,Ltd.’s Net Profit Dropped 5.4% in First Half of 2022

Shenzhen Woer Heat-Shrinkable Material Co.,Ltd. (深圳市沃尔核材股份有限公司) (002130.SZ) reported a net profit of 310.7 million yuan in the first half of 2022, down 5.4% year-on-year.

Meanwhile, the company posted 2.5 billion yuan in revenue, up 0.1% year-on-year.

At the end of the reporting period, it had 8 billion yuan in total assets and 3.6 billion yuan in total liabilities, with a liability-to-asset ratio of 45.2%.