Shandong Ruyi Woolen Garment Group Co.,Ltd. Posted 31.7 Million Yuan Net Profit in First Half of 2022

Shandong Ruyi Woolen Garment Group Co.,Ltd. (山东如意毛纺服装集团股份有限公司) (002193.SZ) reported a net profit of 31.7 million yuan in the first half of 2022, reversing a net loss of 44.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 369.4 million yuan in revenue, up 41.7% year-on-year.

At the end of the reporting period, it had 4.9 billion yuan in total assets and 2 billion yuan in total liabilities, with a liability-to-asset ratio of 41.3%.