Konka Group Co.,Ltd.’s Net Profit Dropped 36.1% in First Half of 2022

Konka Group Co.,Ltd. (康佳集团股份有限公司) (000016.SZ) reported a net profit of 58 million yuan in the first half of 2022, down 36.1% year-on-year.

Meanwhile, the company posted 16.9 billion yuan in revenue, down 22.5% year-on-year.

At the end of the reporting period, it had 39.3 billion yuan in total assets and 28.9 billion yuan in total liabilities, with a liability-to-asset ratio of 73.6%.