Flat Glass Group Co.,Ltd.’s Net Profit Dropped 20.5% in First Half of 2022

Flat Glass Group Co.,Ltd. (福莱特玻璃集团股份有限公司) (601865.SH) reported a net profit of 1 billion yuan in the first half of 2022, down 20.5% year-on-year.

Meanwhile, the company posted 7.3 billion yuan in revenue, up 81.3% year-on-year.

At the end of the reporting period, it had 28.8 billion yuan in total assets and 15.6 billion yuan in total liabilities, with a liability-to-asset ratio of 54.1%.