Wanxiang Doneed Co.,Ltd.’s Net Profit Rose 171.1% in First Half of 2022

Wanxiang Doneed Co.,Ltd. (万向德农股份有限公司) (600371.SH) reported a net profit of 54 million yuan in the first half of 2022, up 171.1% year-on-year.

Meanwhile, the company posted 124.2 million yuan in revenue, up 3.1% year-on-year.

At the end of the reporting period, it had 770.2 million yuan in total assets and 167.1 million yuan in total liabilities, with a liability-to-asset ratio of 21.7%.