Zhejiang Huayou Cobalt Co.,Ltd.’s Net Profit Rose 97.5% in First Half of 2022

Zhejiang Huayou Cobalt Co.,Ltd. (浙江华友钴业股份有限公司) (603799.SH) reported a net profit of 3 billion yuan in the first half of 2022, up 97.5% year-on-year.

Meanwhile, the company posted 31 billion yuan in revenue, up 117% year-on-year.

At the end of the reporting period, it had 90.6 billion yuan in total assets and 61.8 billion yuan in total liabilities, with a liability-to-asset ratio of 68.2%.