Kunming Chuan Jin Nuo Chemical Co.,Ltd.’s Net Profit Rose 394.1% in First Half of 2022

Kunming Chuan Jin Nuo Chemical Co.,Ltd. (昆明川金诺化工股份有限公司) (300505.SZ) reported a net profit of 202.5 million yuan in the first half of 2022, up 394.1% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, up 74% year-on-year.

At the end of the reporting period, it had 3 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 41.4%.