Lafang China Co.,Ltd.’s Net Profit Dropped 9.3% in First Half of 2022

Lafang China Co.,Ltd. (拉芳家化股份有限公司) (603630.SH) reported a net profit of 45.5 million yuan in the first half of 2022, down 9.3% year-on-year.

Meanwhile, the company posted 397.1 million yuan in revenue, down 21.5% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 164.3 million yuan in total liabilities, with a liability-to-asset ratio of 7.8%.