Lingyun Industrial Corporation Limited’s Net Profit Dropped 8.9% in First Half of 2022

Lingyun Industrial Corporation Limited (凌云工业股份有限公司) (600480.SH) reported a net profit of 284.5 million yuan in the first half of 2022, down 8.9% year-on-year.

Meanwhile, the company posted 7.9 billion yuan in revenue, flat year-on-year.

At the end of the reporting period, it had 17.5 billion yuan in total assets and 9.3 billion yuan in total liabilities, with a liability-to-asset ratio of 53.1%.