Shenzhen Prince New Materials Co.,Ltd.’s Net Profit Rose 42.2% in First Half of 2022

Shenzhen Prince New Materials Co.,Ltd. (深圳王子新材料股份有限公司) (002735.SZ) reported a net profit of 45.6 million yuan in the first half of 2022, up 42.2% year-on-year.

Meanwhile, the company posted 828.6 million yuan in revenue, up 7.5% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 856.4 million yuan in total liabilities, with a liability-to-asset ratio of 41.3%.