Hongrun Construction Group Co.,Ltd.’s Net Profit Dropped 10.5% in First Half of 2022

Hongrun Construction Group Co.,Ltd. (宏润建设集团股份有限公司) (002062.SZ) reported a net profit of 150 million yuan in the first half of 2022, down 10.5% year-on-year.

Meanwhile, the company posted 4.1 billion yuan in revenue, down 11.2% year-on-year.

At the end of the reporting period, it had 17 billion yuan in total assets and 12.9 billion yuan in total liabilities, with a liability-to-asset ratio of 75.7%.