Nanjing Red Sun Co.,Ltd.’s Net Profit Rose 1988.6% in First Half of 2022

Nanjing Red Sun Co.,Ltd. (南京红太阳股份有限公司) (000525.SZ) reported a net profit of 605.8 million yuan in the first half of 2022, up 1988.6% year-on-year.

Meanwhile, the company posted 3.5 billion yuan in revenue, up 77% year-on-year.

At the end of the reporting period, it had 10.5 billion yuan in total assets and 9.2 billion yuan in total liabilities, with a liability-to-asset ratio of 87.8%.