Zhejiang Double Arrow Rubber Co.,Ltd.’s Net Profit Dropped 37.9% in First Half of 2022

Zhejiang Double Arrow Rubber Co.,Ltd. (浙江双箭橡胶股份有限公司) (002381.SZ) reported a net profit of 57.6 million yuan in the first half of 2022, down 37.9% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, up 26.9% year-on-year.

At the end of the reporting period, it had 3.4 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 43.4%.