Zhejiang Zhenyuan Share Co.,Ltd.’s Net Profit Dropped 12.9% in First Half of 2022

Zhejiang Zhenyuan Share Co.,Ltd. (浙江震元股份有限公司) (000705.SZ) reported a net profit of 39.8 million yuan in the first half of 2022, down 12.9% year-on-year.

Meanwhile, the company posted 2 billion yuan in revenue, up 13.8% year-on-year.

At the end of the reporting period, it had 2.9 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 34.9%.