Changchun Yidong Clutch Co.,Ltd.’s Net Profit Dropped 85.5% in First Half of 2022

Changchun Yidong Clutch Co.,Ltd. (长春一东离合器股份有限公司) (600148.SH) reported a net profit of 5.9 million yuan in the first half of 2022, down 85.5% year-on-year.

Meanwhile, the company posted 336.6 million yuan in revenue, down 53.7% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 533.2 million yuan in total liabilities, with a liability-to-asset ratio of 45.7%.