Tengda Construction Group Co.,Ltd.’s Net Profit Dropped 95.3% in First Half of 2022

Tengda Construction Group Co.,Ltd. (腾达建设集团股份有限公司) (600512.SH) reported a net profit of 28.1 million yuan in the first half of 2022, down 95.3% year-on-year.

Meanwhile, the company posted 3.1 billion yuan in revenue, down 8.1% year-on-year.

At the end of the reporting period, it had 10.8 billion yuan in total assets and 4.9 billion yuan in total liabilities, with a liability-to-asset ratio of 44.9%.