Changzhou Xingyu Automotive Lighting Systems Co.,Ltd.’s Net Profit Dropped 19.7% in First Half of 2022

Changzhou Xingyu Automotive Lighting Systems Co.,Ltd. (常州星宇车灯股份有限公司) (601799.SH) reported a net profit of 457.5 million yuan in the first half of 2022, down 19.7% year-on-year.

Meanwhile, the company posted 3.7 billion yuan in revenue, down 5.9% year-on-year.

At the end of the reporting period, it had 12.2 billion yuan in total assets and 4.2 billion yuan in total liabilities, with a liability-to-asset ratio of 34.7%.