Hangzhou First Applied Material Co.,Ltd.’s Net Profit Rose 16.8% in First Half of 2022

Hangzhou First Applied Material Co.,Ltd. (杭州福斯特应用材料股份有限公司) (603806.SH) reported a net profit of 1.1 billion yuan in the first half of 2022, up 16.8% year-on-year.

Meanwhile, the company posted 9 billion yuan in revenue, up 57.7% year-on-year.

At the end of the reporting period, it had 16.2 billion yuan in total assets and 3.3 billion yuan in total liabilities, with a liability-to-asset ratio of 20.2%.