Zhejiang Yongtai Technology Co.,Ltd.’s Net Profit Rose 406.9% in First Half of 2022

Zhejiang Yongtai Technology Co.,Ltd. (浙江永太科技股份有限公司) (002326.SZ) reported a net profit of 564 million yuan in the first half of 2022, up 406.9% year-on-year.

Meanwhile, the company posted 3.3 billion yuan in revenue, up 67.9% year-on-year.

At the end of the reporting period, it had 11 billion yuan in total assets and 6.8 billion yuan in total liabilities, with a liability-to-asset ratio of 61.7%.