Jiangsu Chengxing Phosph-Chemicals Co.,Ltd. Posted 751.9 Million Yuan Net Profit in First Half of 2022

Jiangsu Chengxing Phosph-Chemicals Co.,Ltd. (江苏澄星磷化工股份有限公司) (600078.SH) reported a net profit of 751.9 million yuan in the first half of 2022, reversing a net loss of 7 million yuan for the same period in the previous year.

Meanwhile, the company posted 2.3 billion yuan in revenue, up 58.5% year-on-year.

At the end of the reporting period, it had 5.6 billion yuan in total assets and 3.1 billion yuan in total liabilities, with a liability-to-asset ratio of 54.9%.