Xinjiang Torch Gas Co.,Ltd.’s Net Profit Rose 27.5% in First Half of 2022

Xinjiang Torch Gas Co.,Ltd. (新疆火炬燃气股份有限公司) (603080.SH) reported a net profit of 75.7 million yuan in the first half of 2022, up 27.5% year-on-year.

Meanwhile, the company posted 456.2 million yuan in revenue, up 2.9% year-on-year.

At the end of the reporting period, it had 1.8 billion yuan in total assets and 526.5 million yuan in total liabilities, with a liability-to-asset ratio of 28.9%.