Power Hf Co.,Ltd.’s Net Profit Dropped 77.5% in First Half of 2022

Power Hf Co.,Ltd. (华丰动力股份有限公司) (605100.SH) reported a net profit of 24.4 million yuan in the first half of 2022, down 77.5% year-on-year.

Meanwhile, the company posted 398.3 million yuan in revenue, down 56.1% year-on-year.

At the end of the reporting period, it had 2.2 billion yuan in total assets and 396.6 million yuan in total liabilities, with a liability-to-asset ratio of 18.3%.