Gui Lin Fuda Co.,Ltd.’s Net Profit Dropped 66.3% in First Half of 2022

Gui Lin Fuda Co.,Ltd. (桂林福达股份有限公司) (603166.SH) reported a net profit of 40.1 million yuan in the first half of 2022, down 66.3% year-on-year.

Meanwhile, the company posted 553.2 million yuan in revenue, down 47.2% year-on-year.

At the end of the reporting period, it had 3.4 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 30.3%.