Nanjing Develop Advanced Manufacturing Co.,Ltd.’s Net Profit Rose 216.1% in First Half of 2022

Nanjing Develop Advanced Manufacturing Co.,Ltd. (南京迪威尔高端制造股份有限公司) (688377.SH) reported a net profit of 56.8 million yuan in the first half of 2022, up 216.1% year-on-year.

Meanwhile, the company posted 414.6 million yuan in revenue, up 66.8% year-on-year.

At the end of the reporting period, it had 2.2 billion yuan in total assets and 649.7 million yuan in total liabilities, with a liability-to-asset ratio of 29.6%.