Chengzhi Co.,Ltd.’s Net Profit Dropped 73.3% in First Half of 2022

Chengzhi Co.,Ltd. (诚志股份有限公司) (000990.SZ) reported a net profit of 200.3 million yuan in the first half of 2022, down 73.3% year-on-year.

Meanwhile, the company posted 6.5 billion yuan in revenue, up 1.3% year-on-year.

At the end of the reporting period, it had 25.3 billion yuan in total assets and 6.7 billion yuan in total liabilities, with a liability-to-asset ratio of 26.6%.