Rianlon Corporation’s Net Profit Rose 44.5% in First Half of 2022

Rianlon Corporation (天津利安隆新材料股份有限公司) (300596.SZ) reported a net profit of 274.9 million yuan in the first half of 2022, up 44.5% year-on-year.

Meanwhile, the company posted 2.3 billion yuan in revenue, up 40.3% year-on-year.

At the end of the reporting period, it had 7.4 billion yuan in total assets and 3.7 billion yuan in total liabilities, with a liability-to-asset ratio of 50.3%.