Befar Group Co.,Ltd.’s Net Profit Dropped 28.6% in First Half of 2022

Befar Group Co.,Ltd. (滨化集团股份有限公司) (601678.SH) reported a net profit of 699.9 million yuan in the first half of 2022, down 28.6% year-on-year.

Meanwhile, the company posted 4.5 billion yuan in revenue, up 5.1% year-on-year.

At the end of the reporting period, it had 17.7 billion yuan in total assets and 6.8 billion yuan in total liabilities, with a liability-to-asset ratio of 38.3%.