Shanxi Antai Group Co.,Ltd.’s Net Profit Dropped 74.5% in First Half of 2022

Shanxi Antai Group Co.,Ltd. (山西安泰集团股份有限公司) (600408.SH) reported a net profit of 113.1 million yuan in the first half of 2022, down 74.5% year-on-year.

Meanwhile, the company posted 7.1 billion yuan in revenue, up 24.3% year-on-year.

At the end of the reporting period, it had 5.9 billion yuan in total assets and 3 billion yuan in total liabilities, with a liability-to-asset ratio of 50.5%.