Beijing Changjiu Logistics Corp.’s Net Profit Dropped 87.5% in First Half of 2022

Beijing Changjiu Logistics Corp. (北京长久物流股份有限公司) (603569.SH) reported a net profit of 7 million yuan in the first half of 2022, down 87.5% year-on-year.

Meanwhile, the company posted 1.8 billion yuan in revenue, down 18.4% year-on-year.

At the end of the reporting period, it had 5.3 billion yuan in total assets and 2.7 billion yuan in total liabilities, with a liability-to-asset ratio of 51.8%.