Hebei Hengshui Laobaigan Liquor Co.,Ltd.’s Net Profit Rose 193.2% in First Half of 2022

Hebei Hengshui Laobaigan Liquor Co.,Ltd. (河北衡水老白干酒业股份有限公司) (600559.SH) reported a net profit of 362.7 million yuan in the first half of 2022, up 193.2% year-on-year.

Meanwhile, the company posted 2 billion yuan in revenue, up 22.7% year-on-year.

At the end of the reporting period, it had 8.3 billion yuan in total assets and 4.4 billion yuan in total liabilities, with a liability-to-asset ratio of 52.6%.