Ningbo Lehui International Engineering Equipment Co.,Ltd.’s Net Profit Dropped 28.2% in First Half of 2022

Ningbo Lehui International Engineering Equipment Co.,Ltd. (宁波乐惠国际工程装备股份有限公司) (603076.SH) reported a net profit of 40.2 million yuan in the first half of 2022, down 28.2% year-on-year.

Meanwhile, the company posted 945.7 million yuan in revenue, up 88.6% year-on-year.

At the end of the reporting period, it had 3.1 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 56.2%.