Xiandai Investment Co.,Ltd.’s Net Profit Dropped 46.2% in First Half of 2022

Xiandai Investment Co.,Ltd. (现代投资股份有限公司) (000900.SZ) reported a net profit of 250.6 million yuan in the first half of 2022, down 46.2% year-on-year.

Meanwhile, the company posted 5.9 billion yuan in revenue, down 29.1% year-on-year.

At the end of the reporting period, it had 57.8 billion yuan in total assets and 45.2 billion yuan in total liabilities, with a liability-to-asset ratio of 78.2%.