Fuyao Glass Industry Group Co.,Ltd.’s Net Profit Rose 34.7% in First Half of 2022

Fuyao Glass Industry Group Co.,Ltd. (福耀玻璃工业集团股份有限公司) (600660.SH) reported a net profit of 2.4 billion yuan in the first half of 2022, up 34.7% year-on-year.

Meanwhile, the company posted 12.9 billion yuan in revenue, up 11.8% year-on-year.

At the end of the reporting period, it had 48.2 billion yuan in total assets and 21.7 billion yuan in total liabilities, with a liability-to-asset ratio of 45%.