Hangxiao Steel Structure Co.,Ltd.’s Net Profit Rose 1.1% in First Half of 2022

Hangxiao Steel Structure Co.,Ltd. (杭萧钢构股份有限公司) (600477.SH) reported a net profit of 195.7 million yuan in the first half of 2022, up 1.1% year-on-year.

Meanwhile, the company posted 4.6 billion yuan in revenue, up 5.8% year-on-year.

At the end of the reporting period, it had 12.8 billion yuan in total assets and 7.3 billion yuan in total liabilities, with a liability-to-asset ratio of 57%.