Hangzhou Gaoxin Rubber&Plastic Materials Co.,Ltd.’s Net Profit Dropped 91.7% in First Half of 2022

Hangzhou Gaoxin Rubber&Plastic Materials Co.,Ltd. (杭州高新橡塑材料股份有限公司) (300478.SZ) reported a net profit of 614,415 yuan in the first half of 2022, down 91.7% year-on-year.

Meanwhile, the company posted 165.9 million yuan in revenue, up 0.9% year-on-year.

At the end of the reporting period, it had 372.7 million yuan in total assets and 289 million yuan in total liabilities, with a liability-to-asset ratio of 77.6%.