Shenzhen Transsion Holdings Co.,Ltd.’s Net Profit Dropped 4.2% in First Half of 2022

Shenzhen Transsion Holdings Co.,Ltd. (深圳传音控股股份有限公司) (688036.SH) reported a net profit of 1.7 billion yuan in the first half of 2022, down 4.2% year-on-year.

Meanwhile, the company posted 23.1 billion yuan in revenue, up 1.1% year-on-year.

At the end of the reporting period, it had 32.8 billion yuan in total assets and 18 billion yuan in total liabilities, with a liability-to-asset ratio of 55.1%.