Fujian Fynex Textile Science&Technology Co.,Ltd.’s Net Profit Dropped 53.3% in First Half of 2022

Fujian Fynex Textile Science&Technology Co.,Ltd. (福建凤竹纺织科技股份有限公司) (600493.SH) reported a net profit of 14.8 million yuan in the first half of 2022, down 53.3% year-on-year.

Meanwhile, the company posted 610.1 million yuan in revenue, up 2.3% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 60%.