Zhejiang Kingland Pipeline And Technologies Co.,Ltd.’s Net Profit Dropped 32.6% in First Half of 2022

Zhejiang Kingland Pipeline And Technologies Co.,Ltd. (浙江金洲管道科技股份有限公司) (002443.SZ) reported a net profit of 139.2 million yuan in the first half of 2022, down 32.6% year-on-year.

Meanwhile, the company posted 3 billion yuan in revenue, down 3.6% year-on-year.

At the end of the reporting period, it had 4.8 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 33.7%.