Zhejiang Semir Garment Co.,Ltd.’s Net Profit Dropped 87.2% in First Half of 2022

Zhejiang Semir Garment Co.,Ltd. (浙江森马服饰股份有限公司) (002563.SZ) reported a net profit of 84.6 million yuan in the first half of 2022, down 87.2% year-on-year.

Meanwhile, the company posted 5.6 billion yuan in revenue, down 13.4% year-on-year.

At the end of the reporting period, it had 17.1 billion yuan in total assets and 6.6 billion yuan in total liabilities, with a liability-to-asset ratio of 38.9%.