Zhuzhou Tianqiao Crane Co.,Ltd.’s Net Profit Dropped 76.4% in First Half of 2022

Zhuzhou Tianqiao Crane Co.,Ltd. (株洲天桥起重机股份有限公司) (002523.SZ) reported a net profit of 6.7 million yuan in the first half of 2022, down 76.4% year-on-year.

Meanwhile, the company posted 591.5 million yuan in revenue, down 7.1% year-on-year.

At the end of the reporting period, it had 4.4 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 43%.