Dongguan Golden Sun Abrasives Co.,Ltd.’s Net Profit Dropped 8.6% in First Half of 2022

Dongguan Golden Sun Abrasives Co.,Ltd. (东莞金太阳研磨股份有限公司) (300606.SZ) reported a net profit of 14.9 million yuan in the first half of 2022, down 8.6% year-on-year.

Meanwhile, the company posted 196.9 million yuan in revenue, up 12.9% year-on-year.

At the end of the reporting period, it had 840.7 million yuan in total assets and 250.4 million yuan in total liabilities, with a liability-to-asset ratio of 29.8%.