Rongfeng Holding Group Co.,Ltd. Posted 4.7 Million Yuan Net Profit in First Half of 2022

Rongfeng Holding Group Co.,Ltd. (荣丰控股集团股份有限公司) (000668.SZ) reported a net profit of 4.7 million yuan in the first half of 2022, reversing a net loss of 27.2 million yuan for the same period in the previous year.

Meanwhile, the company posted 312.5 million yuan in revenue, up 756.3% year-on-year.

At the end of the reporting period, it had 3.6 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 46.5%.