Jiangsu Sainty Corp.,Ltd. Posted 45.3 Million Yuan Net Profit in First Half of 2022

Jiangsu Sainty Corp.,Ltd. (江苏舜天股份有限公司) (600287.SH) reported a net profit of 45.3 million yuan in the first half of 2022, reversing a net loss of 34 million yuan for the same period in the previous year.

Meanwhile, the company posted 2 billion yuan in revenue, up 25.4% year-on-year.

At the end of the reporting period, it had 3.9 billion yuan in total assets and 2 billion yuan in total liabilities, with a liability-to-asset ratio of 52%.