Jiangsu Yueda Investment Co.,Ltd. Posted 31.1 Million Yuan Net Profit in First Half of 2022

Jiangsu Yueda Investment Co.,Ltd. (江苏悦达投资股份有限公司) (600805.SH) reported a net profit of 31.1 million yuan in the first half of 2022, reversing a net loss of 349 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.5 billion yuan in revenue, down 17.6% year-on-year.

At the end of the reporting period, it had 9.2 billion yuan in total assets and 4.5 billion yuan in total liabilities, with a liability-to-asset ratio of 48.6%.