Hunan Oil Pump Co.,Ltd.’s Net Profit Dropped 45.7% in First Half of 2022

Hunan Oil Pump Co.,Ltd. (湖南机油泵股份有限公司) (603319.SH) reported a net profit of 49.6 million yuan in the first half of 2022, down 45.7% year-on-year.

Meanwhile, the company posted 744.7 million yuan in revenue, down 13.1% year-on-year.

At the end of the reporting period, it had 2.7 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 45.4%.