Shandong Dongyue Organosilicon Materials Co.,Ltd.’s Net Profit Rose 40.2% in First Half of 2022

Shandong Dongyue Organosilicon Materials Co.,Ltd. (山东东岳有机硅材料股份有限公司) (300821.SZ) reported a net profit of 518.6 million yuan in the first half of 2022, up 40.2% year-on-year.

Meanwhile, the company posted 3.5 billion yuan in revenue, up 111.7% year-on-year.

At the end of the reporting period, it had 6.3 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 18.1%.