Baoding Lucky Innovative Materials Co.,Ltd.’s Net Profit Dropped 81% in First Half of 2022

Baoding Lucky Innovative Materials Co.,Ltd. (保定乐凯新材料股份有限公司) (300446.SZ) reported a net profit of 1.3 million yuan in the first half of 2022, down 81% year-on-year.

Meanwhile, the company posted 76.6 million yuan in revenue, down 9.8% year-on-year.

At the end of the reporting period, it had 818.8 million yuan in total assets and 139.3 million yuan in total liabilities, with a liability-to-asset ratio of 17%.