Jiangsu Yangnong Chemical Co.,Ltd.’s Net Profit Rose 91.2% in First Half of 2022

Jiangsu Yangnong Chemical Co.,Ltd. (江苏扬农化工股份有限公司) (600486.SH) reported a net profit of 1.5 billion yuan in the first half of 2022, up 91.2% year-on-year.

Meanwhile, the company posted 9.6 billion yuan in revenue, up 43.1% year-on-year.

At the end of the reporting period, it had 16.5 billion yuan in total assets and 8.2 billion yuan in total liabilities, with a liability-to-asset ratio of 49.9%.