Huida Sanitary Ware Co.,Ltd.’s Net Profit Dropped 48.5% in First Half of 2022

Huida Sanitary Ware Co.,Ltd. (惠达卫浴股份有限公司) (603385.SH) reported a net profit of 63.2 million yuan in the first half of 2022, down 48.5% year-on-year.

Meanwhile, the company posted 1.7 billion yuan in revenue, down 1% year-on-year.

At the end of the reporting period, it had 6.2 billion yuan in total assets and 2.2 billion yuan in total liabilities, with a liability-to-asset ratio of 35.1%.