Guangdong Fenghua Advanced Technology(Holding) Co.,Ltd.’s Net Profit Dropped 27.3% in First Half of 2022

Guangdong Fenghua Advanced Technology(Holding) Co.,Ltd. (广东风华高新科技股份有限公司) (000636.SZ) reported a net profit of 370.6 million yuan in the first half of 2022, down 27.3% year-on-year.

Meanwhile, the company posted 2.1 billion yuan in revenue, down 21.5% year-on-year.

At the end of the reporting period, it had 16.4 billion yuan in total assets and 4.1 billion yuan in total liabilities, with a liability-to-asset ratio of 24.8%.