Dehua Tb New Decoration Material Co.,Ltd.’s Net Profit Dropped 15.4% in First Half of 2022

Dehua Tb New Decoration Material Co.,Ltd. (德华兔宝宝装饰新材股份有限公司) (002043.SZ) reported a net profit of 275.6 million yuan in the first half of 2022, down 15.4% year-on-year.

Meanwhile, the company posted 3.7 billion yuan in revenue, down 2.5% year-on-year.

At the end of the reporting period, it had 5.3 billion yuan in total assets and 3.1 billion yuan in total liabilities, with a liability-to-asset ratio of 57.8%.