Shanghai Golden Union Business Management Co.,Ltd.’s Net Profit Dropped 19.2% in First Half of 2022

Shanghai Golden Union Business Management Co.,Ltd. (上海锦和商业经营管理股份有限公司) (603682.SH) reported a net profit of 53.8 million yuan in the first half of 2022, down 19.2% year-on-year.

Meanwhile, the company posted 520.7 million yuan in revenue, up 27% year-on-year.

At the end of the reporting period, it had 6 billion yuan in total assets and 4.7 billion yuan in total liabilities, with a liability-to-asset ratio of 78.2%.