Jiangxi Hongcheng Environment Co.,Ltd.’s Net Profit Rose 4% in First Half of 2022

Jiangxi Hongcheng Environment Co.,Ltd. (江西洪城环境股份有限公司) (600461.SH) reported a net profit of 620.5 million yuan in the first half of 2022, up 4% year-on-year.

Meanwhile, the company posted 3.7 billion yuan in revenue, down 17.9% year-on-year.

At the end of the reporting period, it had 21.4 billion yuan in total assets and 14.1 billion yuan in total liabilities, with a liability-to-asset ratio of 65.9%.