Jiangsu Jiangnan High Polymer Fiber Co.,Ltd.’s Net Profit Dropped 15.1% in First Half of 2022

Jiangsu Jiangnan High Polymer Fiber Co.,Ltd. (江苏江南高纤股份有限公司) (600527.SH) reported a net profit of 40.2 million yuan in the first half of 2022, down 15.1% year-on-year.

Meanwhile, the company posted 421 million yuan in revenue, up 1.7% year-on-year.

At the end of the reporting period, it had 2.5 billion yuan in total assets and 151.8 million yuan in total liabilities, with a liability-to-asset ratio of 6.2%.