Tianjin Jinbin Development Co.,Ltd.’s Net Profit Rose 69.2% in First Half of 2022

Tianjin Jinbin Development Co.,Ltd. (天津津滨发展股份有限公司) (000897.SZ) reported a net profit of 50.5 million yuan in the first half of 2022, up 69.2% year-on-year.

Meanwhile, the company posted 239.9 million yuan in revenue, down 43.2% year-on-year.

At the end of the reporting period, it had 7.7 billion yuan in total assets and 5.7 billion yuan in total liabilities, with a liability-to-asset ratio of 73.7%.