Ningxia Western Venture Industrial Co.,Ltd.’s Net Profit Rose 0.3% in First Half of 2022

Ningxia Western Venture Industrial Co.,Ltd. (宁夏西部创业实业股份有限公司) (000557.SZ) reported a net profit of 151.3 million yuan in the first half of 2022, up 0.3% year-on-year.

Meanwhile, the company posted 758.6 million yuan in revenue, up 39% year-on-year.

At the end of the reporting period, it had 6 billion yuan in total assets and 459 million yuan in total liabilities, with a liability-to-asset ratio of 7.7%.