Tangshan Jidong Equipment Engineering Co.,Ltd.’s Net Profit Dropped 7.5% in First Half of 2022

Tangshan Jidong Equipment Engineering Co.,Ltd. (唐山冀东装备工程股份有限公司) (000856.SZ) reported a net profit of 9.5 million yuan in the first half of 2022, down 7.5% year-on-year.

Meanwhile, the company posted 1.5 billion yuan in revenue, down 28.2% year-on-year.

At the end of the reporting period, it had 2.2 billion yuan in total assets and 1.8 billion yuan in total liabilities, with a liability-to-asset ratio of 81.5%.