Jiangling Motors Co.,Ltd.’s Net Profit Rose 4.1% in First Half of 2022

Jiangling Motors Co.,Ltd. (江铃汽车股份有限公司) (000550.SZ) reported a net profit of 421.9 million yuan in the first half of 2022, up 4.1% year-on-year.

Meanwhile, the company posted 14.2 billion yuan in revenue, down 19.5% year-on-year.

At the end of the reporting period, it had 25.9 billion yuan in total assets and 17.1 billion yuan in total liabilities, with a liability-to-asset ratio of 66%.