Wuxi Hongsheng Heat Exchanger Manufacturing Co.,Ltd.’s Net Profit Rose 112.4% in First Half of 2022

Wuxi Hongsheng Heat Exchanger Manufacturing Co.,Ltd. (无锡宏盛换热器制造股份有限公司) (603090.SH) reported a net profit of 16.2 million yuan in the first half of 2022, up 112.4% year-on-year.

Meanwhile, the company posted 338 million yuan in revenue, up 33% year-on-year.

At the end of the reporting period, it had 829.2 million yuan in total assets and 317.5 million yuan in total liabilities, with a liability-to-asset ratio of 38.3%.