Xinjiang Youhao(Group) Co.,Ltd.’s Net Profit Rose 241.8% in First Half of 2022

Xinjiang Youhao(Group) Co.,Ltd. (新疆友好(集团)股份有限公司) (600778.SH) reported a net profit of 80.3 million yuan in the first half of 2022, up 241.8% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, down 6.9% year-on-year.

At the end of the reporting period, it had 4.6 billion yuan in total assets and 3.9 billion yuan in total liabilities, with a liability-to-asset ratio of 85.9%.