Yueyang Xingchang Petro-Chemical Co.,Ltd.’s Net Profit Rose 175.3% in First Half of 2022

Yueyang Xingchang Petro-Chemical Co.,Ltd. (岳阳兴长石化股份有限公司) (000819.SZ) reported a net profit of 37.7 million yuan in the first half of 2022, up 175.3% year-on-year.

Meanwhile, the company posted 1.6 billion yuan in revenue, up 131.3% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 161.9 million yuan in total liabilities, with a liability-to-asset ratio of 13.7%.