Chang Jiang Shipping Group Phoenix Co.,Ltd.’s Net Profit Dropped 29.8% in First Half of 2022

Chang Jiang Shipping Group Phoenix Co.,Ltd. (长航凤凰股份有限公司) (000520.SZ) reported a net profit of 23.9 million yuan in the first half of 2022, down 29.8% year-on-year.

Meanwhile, the company posted 471.5 million yuan in revenue, up 7.1% year-on-year.

At the end of the reporting period, it had 807.3 million yuan in total assets and 265.6 million yuan in total liabilities, with a liability-to-asset ratio of 32.9%.