Wuhan Yangtze Communication Industry Group Co.,Ltd.’s Net Profit Rose 1% in First Half of 2022

Wuhan Yangtze Communication Industry Group Co.,Ltd. (武汉长江通信产业集团股份有限公司) (600345.SH) reported a net profit of 74.6 million yuan in the first half of 2022, up 1% year-on-year.

Meanwhile, the company posted 126.5 million yuan in revenue, up 41% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 252.8 million yuan in total liabilities, with a liability-to-asset ratio of 10.8%.