Tungkong Inc.’s Net Profit Dropped 15.1% in First Half of 2022

Tungkong Inc. (东港股份有限公司) (002117.SZ) reported a net profit of 78.6 million yuan in the first half of 2022, down 15.1% year-on-year.

Meanwhile, the company posted 503.1 million yuan in revenue, down 16.3% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 455.5 million yuan in total liabilities, with a liability-to-asset ratio of 23.3%.