Shandong Longji Machinery Co.,Ltd.’s Net Profit Rose 32.2% in First Half of 2022

Shandong Longji Machinery Co.,Ltd. (山东隆基机械股份有限公司) (002363.SZ) reported a net profit of 25.2 million yuan in the first half of 2022, up 32.2% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, up 21.7% year-on-year.

At the end of the reporting period, it had 3.4 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 36.3%.