Hubei Yihua Chemical Industry Co.,Ltd.’s Net Profit Rose 112.9% in First Half of 2022

Hubei Yihua Chemical Industry Co.,Ltd. (湖北宜化化工股份有限公司) (000422.SZ) reported a net profit of 2 billion yuan in the first half of 2022, up 112.9% year-on-year.

Meanwhile, the company posted 11.1 billion yuan in revenue, up 18.9% year-on-year.

At the end of the reporting period, it had 21.4 billion yuan in total assets and 15.3 billion yuan in total liabilities, with a liability-to-asset ratio of 71.8%.