Changzhou Tenglong Auto Parts Co.,Ltd.’s Net Profit Dropped 26.6% in First Half of 2022

Changzhou Tenglong Auto Parts Co.,Ltd. (常州腾龙汽车零部件股份有限公司) (603158.SH) reported a net profit of 68.7 million yuan in the first half of 2022, down 26.6% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, up 8.2% year-on-year.

At the end of the reporting period, it had 3.7 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 43.2%.