Jihua Group (601718): First Half Net Profit Increased By 447.18% Year On Year

Jihua Group (601718) released the semi annual report of 2022 on the evening of August 26. The company realized revenue of 8.753 billion yuan in the first half of 2022, with a year-on-year growth of 19.92%; The net profit attributable to the parent company was 172 million yuan, with a year-on-year increase of 447.18%; After deducting the non net profit of 102 million yuan, the year-on-year profit was turned into profit; The basic earnings per share is 0.039 yuan.

The growth of the company's operating revenue in the first half of 2022 is mainly due to the year-on-year increase in military orders and epidemic prevention materials orders contracted by the company during the reporting period.