Shenyang Machine Tool Co.,Ltd. Posted 10 Million Yuan Net Profit in First Half of 2022

Shenyang Machine Tool Co.,Ltd. (沈阳机床股份有限公司) (000410.SZ) reported a net profit of 10 million yuan in the first half of 2022, reversing a net loss of 183 million yuan for the same period in the previous year.

Meanwhile, the company posted 863.7 million yuan in revenue, up 3% year-on-year.

At the end of the reporting period, it had 3 billion yuan in total assets and 3.5 billion yuan in total liabilities, with a liability-to-asset ratio of 116.8%.