Guangdong Baolihua New Energy Stock Co.,Ltd.’s Net Profit Dropped 98.6% in First Half of 2022

Guangdong Baolihua New Energy Stock Co.,Ltd. (广东宝丽华新能源股份有限公司) (000690.SZ) reported a net profit of 9.1 million yuan in the first half of 2022, down 98.6% year-on-year.

Meanwhile, the company posted 3.8 billion yuan in revenue, down 15.7% year-on-year.

At the end of the reporting period, it had 18.5 billion yuan in total assets and 7.4 billion yuan in total liabilities, with a liability-to-asset ratio of 40.2%.