Shandong Weida Machinery Co.,Ltd.’s Net Profit Dropped 1.2% in First Half of 2022

Shandong Weida Machinery Co.,Ltd. (山东威达机械股份有限公司) (002026.SZ) reported a net profit of 177.1 million yuan in the first half of 2022, down 1.2% year-on-year.

Meanwhile, the company posted 1.4 billion yuan in revenue, down 1.9% year-on-year.

At the end of the reporting period, it had 5.2 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 37.4%.