Qianjiang Water Resources Development Co.,Ltd.’s Net Profit Dropped 4.6% in First Half of 2022

Qianjiang Water Resources Development Co.,Ltd. (钱江水利开发股份有限公司) (600283.SH) reported a net profit of 120.5 million yuan in the first half of 2022, down 4.6% year-on-year.

Meanwhile, the company posted 790.8 million yuan in revenue, up 13.2% year-on-year.

At the end of the reporting period, it had 6.7 billion yuan in total assets and 3.9 billion yuan in total liabilities, with a liability-to-asset ratio of 58.8%.