Northking Information Technology Co.,Ltd.’s Net Profit Dropped 14.2% in First Half of 2022

Northking Information Technology Co.,Ltd. (京北方信息技术股份有限公司) (002987.SZ) reported a net profit of 104.9 million yuan in the first half of 2022, down 14.2% year-on-year.

Meanwhile, the company posted 1.7 billion yuan in revenue, up 20.4% year-on-year.

At the end of the reporting period, it had 2.7 billion yuan in total assets and 668.1 million yuan in total liabilities, with a liability-to-asset ratio of 24.6%.