Shenzhen Fountain Corporation’s Net Profit Dropped 97.8% in First Half of 2022

Shenzhen Fountain Corporation (深圳世纪星源股份有限公司) (000005.SZ) reported a net profit of 4.1 million yuan in the first half of 2022, down 97.8% year-on-year.

Meanwhile, the company posted 89.4 million yuan in revenue, down 45.4% year-on-year.

At the end of the reporting period, it had 2.4 billion yuan in total assets and 888.5 million yuan in total liabilities, with a liability-to-asset ratio of 37.5%.