Zhejiang Xcc Group Co.,Ltd.’s Net Profit Rose 7.6% in First Half of 2022

Zhejiang Xcc Group Co.,Ltd. (浙江五洲新春集团股份有限公司) (603667.SH) reported a net profit of 94.9 million yuan in the first half of 2022, up 7.6% year-on-year.

Meanwhile, the company posted 1.7 billion yuan in revenue, up 44.1% year-on-year.

At the end of the reporting period, it had 4.5 billion yuan in total assets and 2.2 billion yuan in total liabilities, with a liability-to-asset ratio of 48.6%.