Hubei Jiuzhiyang Infrared System Co.,Ltd.’s Net Profit Dropped 34.8% in First Half of 2022

Hubei Jiuzhiyang Infrared System Co.,Ltd. (湖北久之洋红外系统股份有限公司) (300516.SZ) reported a net profit of 22.2 million yuan in the first half of 2022, down 34.8% year-on-year.

Meanwhile, the company posted 232.5 million yuan in revenue, down 19.2% year-on-year.

At the end of the reporting period, it had 1.5 billion yuan in total assets and 296.7 million yuan in total liabilities, with a liability-to-asset ratio of 19.9%.