Qingdao East Steel Tower Stock Co.,Ltd.’s Net Profit Rose 139.4% in First Half of 2022

Qingdao East Steel Tower Stock Co.,Ltd. (青岛东方铁塔股份有限公司) (002545.SZ) reported a net profit of 483.5 million yuan in the first half of 2022, up 139.4% year-on-year.

Meanwhile, the company posted 1.9 billion yuan in revenue, up 47.6% year-on-year.

At the end of the reporting period, it had 12.8 billion yuan in total assets and 4.7 billion yuan in total liabilities, with a liability-to-asset ratio of 36.6%.