Zhejiang Meida Industrial Co.,Ltd.’s Net Profit Dropped 9.5% in First Half of 2022

Zhejiang Meida Industrial Co.,Ltd. (浙江美大实业股份有限公司) (002677.SZ) reported a net profit of 230.2 million yuan in the first half of 2022, down 9.5% year-on-year.

Meanwhile, the company posted 832 million yuan in revenue, down 8.5% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 359.9 million yuan in total liabilities, with a liability-to-asset ratio of 17.1%.