Ningbo Kangqiang Electronics Co.,Ltd.’s Net Profit Rose 10.1% in First Half of 2022

Ningbo Kangqiang Electronics Co.,Ltd. (宁波康强电子股份有限公司) (002119.SZ) reported a net profit of 78.2 million yuan in the first half of 2022, up 10.1% year-on-year.

Meanwhile, the company posted 935.5 million yuan in revenue, down 11.5% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 841.7 million yuan in total liabilities, with a liability-to-asset ratio of 41.2%.