Norinco International Cooperation Ltd.’s Net Profit Rose 52.4% in First Half of 2022

Norinco International Cooperation Ltd. (北方国际合作股份有限公司) (000065.SZ) reported a net profit of 443.6 million yuan in the first half of 2022, up 52.4% year-on-year.

Meanwhile, the company posted 5.4 billion yuan in revenue, up 22.5% year-on-year.

At the end of the reporting period, it had 21.6 billion yuan in total assets and 13.3 billion yuan in total liabilities, with a liability-to-asset ratio of 61.3%.