Jiangsu Shentong Valve Co.,Ltd.’s Net Profit Dropped 16.1% in First Half of 2022

Jiangsu Shentong Valve Co.,Ltd. (江苏神通阀门股份有限公司) (002438.SZ) reported a net profit of 104.2 million yuan in the first half of 2022, down 16.1% year-on-year.

Meanwhile, the company posted 923.1 million yuan in revenue, up 0.5% year-on-year.

At the end of the reporting period, it had 5.1 billion yuan in total assets and 2.3 billion yuan in total liabilities, with a liability-to-asset ratio of 44.8%.