Hanghai Belling Co.,Ltd.’s Net Profit Dropped 24% in First Half of 2022

Hanghai Belling Co.,Ltd. (上海贝岭股份有限公司) (600171.SH) reported a net profit of 301.1 million yuan in the first half of 2022, down 24% year-on-year.

Meanwhile, the company posted 935 million yuan in revenue, down 8.3% year-on-year.

At the end of the reporting period, it had 5 billion yuan in total assets and 849.7 million yuan in total liabilities, with a liability-to-asset ratio of 17.1%.