Hangzhou Youngsun Intelligent Equipment Co.,Ltd.’s Net Profit Dropped 3.3% in First Half of 2022

Hangzhou Youngsun Intelligent Equipment Co.,Ltd. (杭州永创智能设备股份有限公司) (603901.SH) reported a net profit of 127.4 million yuan in the first half of 2022, down 3.3% year-on-year.

Meanwhile, the company posted 1.4 billion yuan in revenue, up 12.6% year-on-year.

At the end of the reporting period, it had 5.4 billion yuan in total assets and 3.1 billion yuan in total liabilities, with a liability-to-asset ratio of 57.1%.