Zhejiang Jianfeng Group Co.,Ltd.’s Net Profit Dropped 50.4% in First Half of 2022

Zhejiang Jianfeng Group Co.,Ltd. (浙江尖峰集团股份有限公司) (600668.SH) reported a net profit of 176.5 million yuan in the first half of 2022, down 50.4% year-on-year.

Meanwhile, the company posted 1.8 billion yuan in revenue, up 2.9% year-on-year.

At the end of the reporting period, it had 7.3 billion yuan in total assets and 1.8 billion yuan in total liabilities, with a liability-to-asset ratio of 25.3%.