Duolun Technology Corporation Ltd.’s Net Profit Dropped 35.2% in First Half of 2022

Duolun Technology Corporation Ltd. (多伦科技股份有限公司) (603528.SH) reported a net profit of 23.2 million yuan in the first half of 2022, down 35.2% year-on-year.

Meanwhile, the company posted 338.5 million yuan in revenue, down 23% year-on-year.

At the end of the reporting period, it had 3 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 41.9%.