Ningbo Zhongbai Co.,Ltd.’s Net Profit Rose 1238.4% in First Half of 2022

Ningbo Zhongbai Co.,Ltd. (宁波中百股份有限公司) (600857.SH) reported a net profit of 371.9 million yuan in the first half of 2022, up 1238.4% year-on-year.

Meanwhile, the company posted 399.7 million yuan in revenue, down 11.4% year-on-year.

At the end of the reporting period, it had 932.3 million yuan in total assets and 128.9 million yuan in total liabilities, with a liability-to-asset ratio of 13.8%.