Xiangtan Electrochemical Scientific Co.,Ltd.’s Net Profit Rose 535.1% in First Half of 2022

Xiangtan Electrochemical Scientific Co.,Ltd. (湘潭电化科技股份有限公司) (002125.SZ) reported a net profit of 315 million yuan in the first half of 2022, up 535.1% year-on-year.

Meanwhile, the company posted 916.4 million yuan in revenue, up 3.5% year-on-year.

At the end of the reporting period, it had 5.1 billion yuan in total assets and 2.7 billion yuan in total liabilities, with a liability-to-asset ratio of 53.9%.