Jangho Group Co.,Ltd.’s Net Profit Dropped 44.4% in First Half of 2022

Jangho Group Co.,Ltd. (江河创建集团股份有限公司) (601886.SH) reported a net profit of 229.4 million yuan in the first half of 2022, down 44.4% year-on-year.

Meanwhile, the company posted 7.7 billion yuan in revenue, down 11% year-on-year.

At the end of the reporting period, it had 26.2 billion yuan in total assets and 18.8 billion yuan in total liabilities, with a liability-to-asset ratio of 71.5%.