Zhejiang Red Dragonfly Footwear Co.,Ltd.’s Net Profit Dropped 22.5% in First Half of 2022

Zhejiang Red Dragonfly Footwear Co.,Ltd. (浙江红蜻蜓鞋业股份有限公司) (603116.SH) reported a net profit of 18.8 million yuan in the first half of 2022, down 22.5% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, down 6.7% year-on-year.

At the end of the reporting period, it had 4.7 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 28.2%.