Jiangsu Guoxin Corp.,Ltd.’s Net Profit Dropped 34.7% in First Half of 2022

Jiangsu Guoxin Corp.,Ltd. (江苏国信股份有限公司) (002608.SZ) reported a net profit of 1.1 billion yuan in the first half of 2022, down 34.7% year-on-year.

Meanwhile, the company posted 14.5 billion yuan in revenue, up 15.7% year-on-year.

At the end of the reporting period, it had 81.1 billion yuan in total assets and 42 billion yuan in total liabilities, with a liability-to-asset ratio of 51.8%.