Tongwei Co.,Ltd.’s Net Profit Rose 352.2% in First Half of 2022

Tongwei Co.,Ltd. (通威股份有限公司) (600438.SH) reported a net profit of 14.2 billion yuan in the first half of 2022, up 352.2% year-on-year.

Meanwhile, the company posted 60.3 billion yuan in revenue, up 127.2% year-on-year.

At the end of the reporting period, it had 107.8 billion yuan in total assets and 54.3 billion yuan in total liabilities, with a liability-to-asset ratio of 50.3%.