China Suntien Green Energy Corporation Limited’s Net Profit Dropped 3.7% in First Half of 2022

China Suntien Green Energy Corporation Limited (新天绿色能源股份有限公司) (600956.SH) reported a net profit of 2 billion yuan in the first half of 2022, down 3.7% year-on-year.

Meanwhile, the company posted 10.2 billion yuan in revenue, up 19.7% year-on-year.

At the end of the reporting period, it had 72.3 billion yuan in total assets and 48.1 billion yuan in total liabilities, with a liability-to-asset ratio of 66.5%.