Anhui Conch Cement Company Limited’s Net Profit Dropped 33.9% in First Half of 2022

Anhui Conch Cement Company Limited (安徽海螺水泥股份有限公司) (600585.SH) reported a net profit of 10.2 billion yuan in the first half of 2022, down 33.9% year-on-year.

Meanwhile, the company posted 56.3 billion yuan in revenue, down 30.1% year-on-year.

At the end of the reporting period, it had 229 billion yuan in total assets and 41.1 billion yuan in total liabilities, with a liability-to-asset ratio of 18%.