Shanghai Xintonglian Packinf Co.,Ltd.’s Net Profit Dropped 7.5% in First Half of 2022

Shanghai Xintonglian Packinf Co.,Ltd. (上海新通联包装股份有限公司) (603022.SH) reported a net profit of 11.3 million yuan in the first half of 2022, down 7.5% year-on-year.

Meanwhile, the company posted 315.5 million yuan in revenue, down 6.8% year-on-year.

At the end of the reporting period, it had 917.2 million yuan in total assets and 212.8 million yuan in total liabilities, with a liability-to-asset ratio of 23.2%.