New Hope Dairy Co.,Ltd.’s Net Profit Rose 17.7% in First Half of 2022

New Hope Dairy Co.,Ltd. (新希望乳业股份有限公司) (002946.SZ) reported a net profit of 193.3 million yuan in the first half of 2022, up 17.7% year-on-year.

Meanwhile, the company posted 4.8 billion yuan in revenue, up 10.8% year-on-year.

At the end of the reporting period, it had 9.6 billion yuan in total assets and 6.8 billion yuan in total liabilities, with a liability-to-asset ratio of 70.8%.