Anhui Wanwei Updated High-Tech Material Industry Company Limited’s Net Profit Rose 100% in First Half of 2022

Anhui Wanwei Updated High-Tech Material Industry Company Limited (安徽皖维高新材料股份有限公司) (600063.SH) reported a net profit of 1 billion yuan in the first half of 2022, up 100% year-on-year.

Meanwhile, the company posted 5 billion yuan in revenue, up 33.6% year-on-year.

At the end of the reporting period, it had 12.6 billion yuan in total assets and 5.6 billion yuan in total liabilities, with a liability-to-asset ratio of 44.4%.