Zhejiang Orient Financial Holdings Group Co.,Ltd.’s Net Profit Dropped 40.5% in First Half of 2022

Zhejiang Orient Financial Holdings Group Co.,Ltd. (浙江东方金融控股集团股份有限公司) (600120.SH) reported a net profit of 215.5 million yuan in the first half of 2022, down 40.5% year-on-year.

Meanwhile, the company posted 10.5 billion yuan in revenue, up 15% year-on-year.

At the end of the reporting period, it had 29.1 billion yuan in total assets and 15.8 billion yuan in total liabilities, with a liability-to-asset ratio of 54.2%.