Jingwei Textile Machinery Co.,Ltd.’s Net Profit Rose 1.1% in First Half of 2022

Jingwei Textile Machinery Co.,Ltd. (经纬纺织机械股份有限公司) (000666.SZ) reported a net profit of 718.5 million yuan in the first half of 2022, up 1.1% year-on-year.

Meanwhile, the company posted 4.2 billion yuan in revenue, up 4.8% year-on-year.

At the end of the reporting period, it had 39.6 billion yuan in total assets and 15.5 billion yuan in total liabilities, with a liability-to-asset ratio of 39.2%.