Jiangsu Lixing General Steel Ball Co.,Ltd.’s Net Profit Dropped 52.2% in First Half of 2022

Jiangsu Lixing General Steel Ball Co.,Ltd. (江苏力星通用钢球股份有限公司) (300421.SZ) reported a net profit of 29.9 million yuan in the first half of 2022, down 52.2% year-on-year.

Meanwhile, the company posted 472.5 million yuan in revenue, down 5.4% year-on-year.

At the end of the reporting period, it had 1.8 billion yuan in total assets and 537.5 million yuan in total liabilities, with a liability-to-asset ratio of 30.2%.