Citic Pacific Special Steel Group Co.,Ltd.’s Net Profit Dropped 9.7% in First Half of 2022

Citic Pacific Special Steel Group Co.,Ltd. (中信泰富特钢集团股份有限公司) (000708.SZ) reported a net profit of 3.8 billion yuan in the first half of 2022, down 9.7% year-on-year.

Meanwhile, the company posted 51.8 billion yuan in revenue, up 5.6% year-on-year.

At the end of the reporting period, it had 90.6 billion yuan in total assets and 57.2 billion yuan in total liabilities, with a liability-to-asset ratio of 63.2%.