Shunfa Hengye Corporation’s Net Profit Rose 101.3% in First Half of 2022

Shunfa Hengye Corporation (顺发恒业股份公司) (000631.SZ) reported a net profit of 89.8 million yuan in the first half of 2022, up 101.3% year-on-year.

Meanwhile, the company posted 124 million yuan in revenue, up 2.8% year-on-year.

At the end of the reporting period, it had 9.5 billion yuan in total assets and 3.2 billion yuan in total liabilities, with a liability-to-asset ratio of 33.3%.