Weihai Huadong Automation Co.,Ltd.’s Net Profit Rose 32.6% in First Half of 2022

Weihai Huadong Automation Co.,Ltd. (威海华东数控股份有限公司) (002248.SZ) reported a net profit of 7.8 million yuan in the first half of 2022, up 32.6% year-on-year.

Meanwhile, the company posted 136 million yuan in revenue, down 14.1% year-on-year.

At the end of the reporting period, it had 580.9 million yuan in total assets and 509 million yuan in total liabilities, with a liability-to-asset ratio of 87.6%.