Gem-Year Industrial Co.,Ltd.’s Net Profit Dropped 34.2% in First Half of 2022

Gem-Year Industrial Co.,Ltd. (晋亿实业股份有限公司) (601002.SH) reported a net profit of 100.7 million yuan in the first half of 2022, down 34.2% year-on-year.

Meanwhile, the company posted 1.4 billion yuan in revenue, up 0.1% year-on-year.

At the end of the reporting period, it had 5.7 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 25.5%.