Camel Group Co.,Ltd.’s Net Profit Dropped 59% in First Half of 2022

Camel Group Co.,Ltd. (骆驼集团股份有限公司) (601311.SH) reported a net profit of 211.4 million yuan in the first half of 2022, down 59% year-on-year.

Meanwhile, the company posted 6.1 billion yuan in revenue, down 2.1% year-on-year.

At the end of the reporting period, it had 13.4 billion yuan in total assets and 4.5 billion yuan in total liabilities, with a liability-to-asset ratio of 33.5%.