Grinm Advanced Materials Co.,Ltd.’s Net Profit Rose 35.3% in First Half of 2022

Grinm Advanced Materials Co.,Ltd. (有研新材料股份有限公司) (600206.SH) reported a net profit of 197.3 million yuan in the first half of 2022, up 35.3% year-on-year.

Meanwhile, the company posted 7.4 billion yuan in revenue, down 2.9% year-on-year.

At the end of the reporting period, it had 5.6 billion yuan in total assets and 1.8 billion yuan in total liabilities, with a liability-to-asset ratio of 31.7%.