Jiangsu Riying Electronics Co.,Ltd.’s Net Profit Dropped 58.6% in First Half of 2022

Jiangsu Riying Electronics Co.,Ltd. (江苏日盈电子股份有限公司) (603286.SH) reported a net profit of 5.8 million yuan in the first half of 2022, down 58.6% year-on-year.

Meanwhile, the company posted 329 million yuan in revenue, up 21.9% year-on-year.

At the end of the reporting period, it had 1 billion yuan in total assets and 534.5 million yuan in total liabilities, with a liability-to-asset ratio of 51.7%.