Fujian Dongbai(Group) Co.,Ltd.’s Net Profit Rose 22.9% in First Half of 2022

Fujian Dongbai(Group) Co.,Ltd. (福建东百集团股份有限公司) (600693.SH) reported a net profit of 129.6 million yuan in the first half of 2022, up 22.9% year-on-year.

Meanwhile, the company posted 908.5 million yuan in revenue, down 7.3% year-on-year.

At the end of the reporting period, it had 15 billion yuan in total assets and 10.9 billion yuan in total liabilities, with a liability-to-asset ratio of 72.4%.