Shandong Gold Phoenix Co.,Ltd. Posted 69.5 Million Yuan Net Profit in First Half of 2022

Shandong Gold Phoenix Co.,Ltd. (山东金麒麟股份有限公司) (603586.SH) reported a net profit of 69.5 million yuan in the first half of 2022, reversing a net loss of 39.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 909.5 million yuan in revenue, up 44.3% year-on-year.

At the end of the reporting period, it had 2.8 billion yuan in total assets and 671.3 million yuan in total liabilities, with a liability-to-asset ratio of 24.4%.