Weichai Heavy Machinery Co.,Ltd.’s Net Profit Dropped 4% in First Half of 2022

Weichai Heavy Machinery Co.,Ltd. (潍柴重机股份有限公司) (000880.SZ) reported a net profit of 75.1 million yuan in the first half of 2022, down 4% year-on-year.

Meanwhile, the company posted 1.7 billion yuan in revenue, down 7.9% year-on-year.

At the end of the reporting period, it had 4.8 billion yuan in total assets and 3 billion yuan in total liabilities, with a liability-to-asset ratio of 63.2%.