Chengdu Hi-Tech Development Gr0up Co.,Ltd.’s Net Profit Dropped 38.7% in First Half of 2022

Chengdu Hi-Tech Development Gr0up Co.,Ltd. (成都高新发展股份有限公司) (000628.SZ) reported a net profit of 60.1 million yuan in the first half of 2022, down 38.7% year-on-year.

Meanwhile, the company posted 2.4 billion yuan in revenue, down 16.4% year-on-year.

At the end of the reporting period, it had 11.3 billion yuan in total assets and 9.5 billion yuan in total liabilities, with a liability-to-asset ratio of 83.8%.