Baotailong New Materials Co.,Ltd.’s Net Profit Rose 29.7% in First Half of 2022

Baotailong New Materials Co.,Ltd. (宝泰隆新材料股份有限公司) (601011.SH) reported a net profit of 91.4 million yuan in the first half of 2022, up 29.7% year-on-year.

Meanwhile, the company posted 2 billion yuan in revenue, up 24.4% year-on-year.

At the end of the reporting period, it had 13.3 billion yuan in total assets and 5 billion yuan in total liabilities, with a liability-to-asset ratio of 37.2%.