Tangshan Jidong Cement Co.,Ltd.’s Net Profit Dropped 39.3% in First Half of 2022

Tangshan Jidong Cement Co.,Ltd. (唐山冀东水泥股份有限公司) (000401.SZ) reported a net profit of 1.2 billion yuan in the first half of 2022, down 39.3% year-on-year.

Meanwhile, the company posted 16.8 billion yuan in revenue, up 3.2% year-on-year.

At the end of the reporting period, it had 61.3 billion yuan in total assets and 28.8 billion yuan in total liabilities, with a liability-to-asset ratio of 46.9%.