Guangxi Nanning Water Co.,Ltd.’s Net Profit Rose 41.2% in First Half of 2022

Guangxi Nanning Water Co.,Ltd. (广西绿城水务股份有限公司) (601368.SH) reported a net profit of 115.4 million yuan in the first half of 2022, up 41.2% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, up 34.5% year-on-year.

At the end of the reporting period, it had 17.6 billion yuan in total assets and 13 billion yuan in total liabilities, with a liability-to-asset ratio of 73.9%.