Hailun Piano Co.,Ltd.’s Net Profit Dropped 75.2% in First Half of 2022

Hailun Piano Co.,Ltd. (海伦钢琴股份有限公司) (300329.SZ) reported a net profit of 6.1 million yuan in the first half of 2022, down 75.2% year-on-year.

Meanwhile, the company posted 188.3 million yuan in revenue, down 25.1% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 482.4 million yuan in total liabilities, with a liability-to-asset ratio of 34.4%.