Hefei Metalforming Intelligent Manufacturing Co.,Ltd.’s Net Profit Rose 215.1% in First Half of 2022

Hefei Metalforming Intelligent Manufacturing Co.,Ltd. (合肥合锻智能制造股份有限公司) (603011.SH) reported a net profit of 65.4 million yuan in the first half of 2022, up 215.1% year-on-year.

Meanwhile, the company posted 734.4 million yuan in revenue, up 63.5% year-on-year.

At the end of the reporting period, it had 4 billion yuan in total assets and 1.8 billion yuan in total liabilities, with a liability-to-asset ratio of 43.9%.