Chongqing Water Group Co.,Ltd.’s Net Profit Dropped 11.2% in First Half of 2022

Chongqing Water Group Co.,Ltd. (重庆水务集团股份有限公司) (601158.SH) reported a net profit of 936.8 million yuan in the first half of 2022, down 11.2% year-on-year.

Meanwhile, the company posted 3.5 billion yuan in revenue, up 8.6% year-on-year.

At the end of the reporting period, it had 28.8 billion yuan in total assets and 12.6 billion yuan in total liabilities, with a liability-to-asset ratio of 43.8%.