Shanghai Aj Group Co.,Ltd.’s Net Profit Dropped 36.3% in First Half of 2022

Shanghai Aj Group Co.,Ltd. (上海爱建集团股份有限公司) (600643.SH) reported a net profit of 559.1 million yuan in the first half of 2022, down 36.3% year-on-year.

Meanwhile, the company posted 770.6 million yuan in revenue, down 25.6% year-on-year.

At the end of the reporting period, it had 27.3 billion yuan in total assets and 14.7 billion yuan in total liabilities, with a liability-to-asset ratio of 53.9%.