Huayu Automotive Systems Company Limited’s Net Profit Dropped 16.6% in First Half of 2022

Huayu Automotive Systems Company Limited (华域汽车系统股份有限公司) (600741.SH) reported a net profit of 2.9 billion yuan in the first half of 2022, down 16.6% year-on-year.

Meanwhile, the company posted 68.7 billion yuan in revenue, up 3.2% year-on-year.

At the end of the reporting period, it had 158.1 billion yuan in total assets and 105.1 billion yuan in total liabilities, with a liability-to-asset ratio of 66.5%.