China Baoan Group Co.,Ltd.’s Net Profit Dropped 8% in First Half of 2022

China Baoan Group Co.,Ltd. (中国宝安集团股份有限公司) (000009.SZ) reported a net profit of 1 billion yuan in the first half of 2022, down 8% year-on-year.

Meanwhile, the company posted 13.5 billion yuan in revenue, up 68.1% year-on-year.

At the end of the reporting period, it had 45.2 billion yuan in total assets and 28.5 billion yuan in total liabilities, with a liability-to-asset ratio of 63.1%.