Wuchan Zhongda Group Co.,Ltd.’s Net Profit Dropped 0.5% in First Half of 2022

Wuchan Zhongda Group Co.,Ltd. (物产中大集团股份有限公司) (600704.SH) reported a net profit of 3.1 billion yuan in the first half of 2022, down 0.5% year-on-year.

Meanwhile, the company posted 278.9 billion yuan in revenue, up 6% year-on-year.

At the end of the reporting period, it had 172.9 billion yuan in total assets and 129.9 billion yuan in total liabilities, with a liability-to-asset ratio of 75.1%.