Henan Mingtai Al.Industrial Co.,Ltd.’s Net Profit Rose 31.6% in First Half of 2022

Henan Mingtai Al.Industrial Co.,Ltd. (河南明泰铝业股份有限公司) (601677.SH) reported a net profit of 1.1 billion yuan in the first half of 2022, up 31.6% year-on-year.

Meanwhile, the company posted 15.5 billion yuan in revenue, up 43.9% year-on-year.

At the end of the reporting period, it had 20 billion yuan in total assets and 7.9 billion yuan in total liabilities, with a liability-to-asset ratio of 39.7%.