Zhangjiagang Guangda Special Material Co.,Ltd.’s Net Profit Dropped 57.3% in First Half of 2022

Zhangjiagang Guangda Special Material Co.,Ltd. (张家港广大特材股份有限公司) (688186.SH) reported a net profit of 62.9 million yuan in the first half of 2022, down 57.3% year-on-year.

Meanwhile, the company posted 1.6 billion yuan in revenue, up 4.7% year-on-year.

At the end of the reporting period, it had 8.9 billion yuan in total assets and 5.5 billion yuan in total liabilities, with a liability-to-asset ratio of 61.2%.