Chaozhou Three-Circle(Group) Co.,Ltd.’s Net Profit Dropped 13% in First Half of 2022

Chaozhou Three-Circle(Group) Co.,Ltd. (潮州三环(集团)股份有限公司) (300408.SZ) reported a net profit of 940.4 million yuan in the first half of 2022, down 13% year-on-year.

Meanwhile, the company posted 2.9 billion yuan in revenue, up 0.6% year-on-year.

At the end of the reporting period, it had 18.6 billion yuan in total assets and 2.1 billion yuan in total liabilities, with a liability-to-asset ratio of 11.4%.