Nanjing Xinlian Electronics Co.,Ltd.’s Net Profit Dropped 72.1% in First Half of 2022

Nanjing Xinlian Electronics Co.,Ltd. (南京新联电子股份有限公司) (002546.SZ) reported a net profit of 26.9 million yuan in the first half of 2022, down 72.1% year-on-year.

Meanwhile, the company posted 240.8 million yuan in revenue, up 51.3% year-on-year.

At the end of the reporting period, it had 3.6 billion yuan in total assets and 301.4 million yuan in total liabilities, with a liability-to-asset ratio of 8.5%.