Ningbo Shanshan Co.,Ltd.’s Net Profit Rose 97% in First Half of 2022

Ningbo Shanshan Co.,Ltd. (宁波杉杉股份有限公司) (600884.SH) reported a net profit of 1.7 billion yuan in the first half of 2022, up 97% year-on-year.

Meanwhile, the company posted 10.8 billion yuan in revenue, up 8.3% year-on-year.

At the end of the reporting period, it had 42.3 billion yuan in total assets and 20.9 billion yuan in total liabilities, with a liability-to-asset ratio of 49.5%.