Jinzhou Cihang Group Co.,Ltd. Posted 52.6 Million Yuan Net Loss in First Half of 2022

Jinzhou Cihang Group Co.,Ltd. (金洲慈航集团股份有限公司) (000587.SZ) reported a net loss of 52.6 million yuan in the first half of 2022, narrowing 86.6% year-on-year.

Meanwhile, the company posted 49.2 million yuan in revenue, up 31.7% year-on-year.

At the end of the reporting period, it had 1.1 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 95.2%.