Arts Group Co.,Ltd.’s Net Profit Dropped 7.6% in First Half of 2022

Arts Group Co.,Ltd. (中衡设计集团股份有限公司) (603017.SH) reported a net profit of 72.1 million yuan in the first half of 2022, down 7.6% year-on-year.

Meanwhile, the company posted 662.8 million yuan in revenue, up 4.5% year-on-year.

At the end of the reporting period, it had 3.2 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 54.2%.