Guangxi Wuzhou Communications Co.,Ltd.’s Net Profit Dropped 20.3% in First Half of 2022

Guangxi Wuzhou Communications Co.,Ltd. (广西五洲交通股份有限公司) (600368.SH) reported a net profit of 321.4 million yuan in the first half of 2022, down 20.3% year-on-year.

Meanwhile, the company posted 752.4 million yuan in revenue, down 19.4% year-on-year.

At the end of the reporting period, it had 9.2 billion yuan in total assets and 3.9 billion yuan in total liabilities, with a liability-to-asset ratio of 41.8%.