Joyoung Company Limited’s Net Profit Dropped 21.8% in First Half of 2022

Joyoung Company Limited (九阳股份有限公司) (002242.SZ) reported a net profit of 339.3 million yuan in the first half of 2022, down 21.8% year-on-year.

Meanwhile, the company posted 4.7 billion yuan in revenue, down 0.7% year-on-year.

At the end of the reporting period, it had 7.1 billion yuan in total assets and 3.4 billion yuan in total liabilities, with a liability-to-asset ratio of 47.7%.