Guangdong Chaohua Technology Co.,Ltd.’s Net Profit Dropped 58.2% in First Half of 2022

Guangdong Chaohua Technology Co.,Ltd. (广东超华科技股份有限公司) (002288.SZ) reported a net profit of 30.8 million yuan in the first half of 2022, down 58.2% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, down 10.9% year-on-year.

At the end of the reporting period, it had 3.7 billion yuan in total assets and 2 billion yuan in total liabilities, with a liability-to-asset ratio of 54.3%.