Jihua Group Corporation Limited’s Net Profit Rose 473.7% in First Half of 2022

Jihua Group Corporation Limited (际华集团股份有限公司) (601718.SH) reported a net profit of 174.3 million yuan in the first half of 2022, up 473.7% year-on-year.

Meanwhile, the company posted 8.8 billion yuan in revenue, up 19.9% year-on-year.

At the end of the reporting period, it had 29.6 billion yuan in total assets and 12.5 billion yuan in total liabilities, with a liability-to-asset ratio of 42.2%.