Tande Co.,Ltd.’s Net Profit Dropped 59.4% in First Half of 2022

Tande Co.,Ltd. (天地源股份有限公司) (600665.SH) reported a net profit of 109.2 million yuan in the first half of 2022, down 59.4% year-on-year.

Meanwhile, the company posted 3.1 billion yuan in revenue, up 10.8% year-on-year.

At the end of the reporting period, it had 44.7 billion yuan in total assets and 40.2 billion yuan in total liabilities, with a liability-to-asset ratio of 89.9%.