Guangdong Chant Group Inc.’s Net Profit Dropped 90.8% in First Half of 2022

Guangdong Chant Group Inc. (广东长青(集团)股份有限公司) (002616.SZ) reported a net profit of 5.9 million yuan in the first half of 2022, down 90.8% year-on-year.

Meanwhile, the company posted 1.6 billion yuan in revenue, up 12.9% year-on-year.

At the end of the reporting period, it had 9.6 billion yuan in total assets and 7.1 billion yuan in total liabilities, with a liability-to-asset ratio of 74.3%.