Guangzhou Ruoyuchen Technology Co.,Ltd.’s Net Profit Dropped 77% in First Half of 2022

Guangzhou Ruoyuchen Technology Co.,Ltd. (广州若羽臣科技股份有限公司) (003010.SZ) reported a net profit of 9.1 million yuan in the first half of 2022, down 77% year-on-year.

Meanwhile, the company posted 535.1 million yuan in revenue, down 10.5% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 114.2 million yuan in total liabilities, with a liability-to-asset ratio of 9.8%.