Huachangda Intelligent Equipment Group Co.,Ltd. Posted 50.3 Million Yuan Net Profit in First Half of 2022

Huachangda Intelligent Equipment Group Co.,Ltd. (华昌达智能装备集团股份有限公司) (300278.SZ) reported a net profit of 50.3 million yuan in the first half of 2022, reversing a net loss of 122.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.8 billion yuan in revenue, up 133.1% year-on-year.

At the end of the reporting period, it had 3.1 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 44.9%.