Yuan Cheng Cable Co.,Ltd.’s Net Profit Rose 226.1% in First Half of 2022

Yuan Cheng Cable Co.,Ltd. (远程电缆股份有限公司) (002692.SZ) reported a net profit of 28.4 million yuan in the first half of 2022, up 226.1% year-on-year.

Meanwhile, the company posted 1.5 billion yuan in revenue, up 6.3% year-on-year.

At the end of the reporting period, it had 2.6 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 60.7%.