Guangdong Delian Group Co.,Ltd.’s Net Profit Dropped 59% in First Half of 2022

Guangdong Delian Group Co.,Ltd. (广东德联集团股份有限公司) (002666.SZ) reported a net profit of 53.5 million yuan in the first half of 2022, down 59% year-on-year.

Meanwhile, the company posted 1.9 billion yuan in revenue, down 20.5% year-on-year.

At the end of the reporting period, it had 4.5 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 24.6%.