Zhejiang Xinan Chemical Industrial Group Co.,Ltd.’s Net Profit Rose 179.5% in First Half of 2022

Zhejiang Xinan Chemical Industrial Group Co.,Ltd. (浙江新安化工集团股份有限公司) (600596.SH) reported a net profit of 2.4 billion yuan in the first half of 2022, up 179.5% year-on-year.

Meanwhile, the company posted 13.3 billion yuan in revenue, up 57.7% year-on-year.

At the end of the reporting period, it had 19.7 billion yuan in total assets and 7.8 billion yuan in total liabilities, with a liability-to-asset ratio of 39.7%.