Aug 18, 2022 08:00 AM

Kingfa Sci.&Tech.Co.,Ltd.’s Net Profit Dropped 49.5% in First Half of 2022

By Caixin Automation

Kingfa Sci.&Tech.Co.,Ltd. (金发科技股份有限公司) (600143.SH) reported a net profit of 801.5 million yuan in the first half of 2022, down 49.5% year-on-year.

Meanwhile, the company posted 19.5 billion yuan in revenue, up 0.9% year-on-year.

At the end of the reporting period, it had 53.5 billion yuan in total assets and 36.2 billion yuan in total liabilities, with a liability-to-asset ratio of 67.6%.

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