Zhejiang Yangfan New Materials Co.,Ltd.’s Net Profit Rose 41% in First Half of 2022

Zhejiang Yangfan New Materials Co.,Ltd. (浙江扬帆新材料股份有限公司) (300637.SZ) reported a net profit of 13.4 million yuan in the first half of 2022, up 41% year-on-year.

Meanwhile, the company posted 409.9 million yuan in revenue, up 29.2% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 586 million yuan in total liabilities, with a liability-to-asset ratio of 43.1%.