Nanfang Zhongjin Environment Co.,Ltd.’s Net Profit Dropped 56.3% in First Half of 2022

Nanfang Zhongjin Environment Co.,Ltd. (南方中金环境股份有限公司) (300145.SZ) reported a net profit of 64.8 million yuan in the first half of 2022, down 56.3% year-on-year.

Meanwhile, the company posted 2.1 billion yuan in revenue, down 9% year-on-year.

At the end of the reporting period, it had 7.8 billion yuan in total assets and 5.6 billion yuan in total liabilities, with a liability-to-asset ratio of 71.3%.