Wanxiang Qianchao Co.,Ltd.’s Net Profit Rose 30.4% in First Half of 2022

Wanxiang Qianchao Co.,Ltd. (万向钱潮股份公司) (000559.SZ) reported a net profit of 450.9 million yuan in the first half of 2022, up 30.4% year-on-year.

Meanwhile, the company posted 7.4 billion yuan in revenue, up 2.6% year-on-year.

At the end of the reporting period, it had 17.5 billion yuan in total assets and 8.9 billion yuan in total liabilities, with a liability-to-asset ratio of 50.9%.