Kidswant Children Products Co.,Ltd.’s Net Profit Dropped 58.7% in First Half of 2022

Kidswant Children Products Co.,Ltd. (孩子王儿童用品股份有限公司) (301078.SZ) reported a net profit of 66 million yuan in the first half of 2022, down 58.7% year-on-year.

Meanwhile, the company posted 4.4 billion yuan in revenue, down 1.4% year-on-year.

At the end of the reporting period, it had 7.9 billion yuan in total assets and 5.1 billion yuan in total liabilities, with a liability-to-asset ratio of 63.6%.