Shen Ma Industry Co.,Ltd.’s Net Profit Dropped 43.6% in First Half of 2022

Shen Ma Industry Co.,Ltd. (神马实业股份有限公司) (600810.SH) reported a net profit of 567 million yuan in the first half of 2022, down 43.6% year-on-year.

Meanwhile, the company posted 7.6 billion yuan in revenue, up 20.8% year-on-year.

At the end of the reporting period, it had 27.3 billion yuan in total assets and 17.8 billion yuan in total liabilities, with a liability-to-asset ratio of 65.3%.