Citic Heavy Industries Co.,Ltd.’s Net Profit Rose 8.6% in First Half of 2022

Citic Heavy Industries Co.,Ltd. (中信重工机械股份有限公司) (601608.SH) reported a net profit of 192.1 million yuan in the first half of 2022, up 8.6% year-on-year.

Meanwhile, the company posted 4.3 billion yuan in revenue, up 13.3% year-on-year.

At the end of the reporting period, it had 20.2 billion yuan in total assets and 12.4 billion yuan in total liabilities, with a liability-to-asset ratio of 61.3%.