Guangdong Mingzhu Group Co.,Ltd.’s Net Profit Dropped 56.8% in First Half of 2022

Guangdong Mingzhu Group Co.,Ltd. (广东明珠集团股份有限公司) (600382.SH) reported a net profit of 248.7 million yuan in the first half of 2022, down 56.8% year-on-year.

Meanwhile, the company posted 514.4 million yuan in revenue, down 46.6% year-on-year.

At the end of the reporting period, it had 4.4 billion yuan in total assets and 616.1 million yuan in total liabilities, with a liability-to-asset ratio of 14.2%.