Shandong Mining Machinery Group Co.,Ltd.’s Net Profit Rose 16.7% in First Half of 2022

Shandong Mining Machinery Group Co.,Ltd. (山东矿机集团股份有限公司) (002526.SZ) reported a net profit of 81.8 million yuan in the first half of 2022, up 16.7% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, up 10.5% year-on-year.

At the end of the reporting period, it had 4 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 27.8%.