Yangmei Chemical Co.,Ltd.’s Net Profit Dropped 37.2% in First Half of 2022

Yangmei Chemical Co.,Ltd. (阳煤化工股份有限公司) (600691.SH) reported a net profit of 253.9 million yuan in the first half of 2022, down 37.2% year-on-year.

Meanwhile, the company posted 9.6 billion yuan in revenue, up 1.1% year-on-year.

At the end of the reporting period, it had 24.8 billion yuan in total assets and 17.8 billion yuan in total liabilities, with a liability-to-asset ratio of 71.5%.