Guizhou Redstar Developing Co.,Ltd.’s Net Profit Rose 164% in First Half of 2022

Guizhou Redstar Developing Co.,Ltd. (贵州红星发展股份有限公司) (600367.SH) reported a net profit of 213.5 million yuan in the first half of 2022, up 164% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, up 32.3% year-on-year.

At the end of the reporting period, it had 2.7 billion yuan in total assets and 759.3 million yuan in total liabilities, with a liability-to-asset ratio of 28.5%.