Hmt(Xiamen) New Technical Materials Co.,Ltd.’s Net Profit Dropped 25.8% in First Half of 2022

Hmt(Xiamen) New Technical Materials Co.,Ltd. (华懋(厦门)新材料科技股份有限公司) (603306.SH) reported a net profit of 69.9 million yuan in the first half of 2022, down 25.8% year-on-year.

Meanwhile, the company posted 632.9 million yuan in revenue, up 21.7% year-on-year.

At the end of the reporting period, it had 3.2 billion yuan in total assets and 368.3 million yuan in total liabilities, with a liability-to-asset ratio of 11.5%.