Ningbo Marine Company Limited’s Net Profit Dropped 39.5% in First Half of 2022

Ningbo Marine Company Limited (宁波海运股份有限公司) (600798.SH) reported a net profit of 113.2 million yuan in the first half of 2022, down 39.5% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, down 7.9% year-on-year.

At the end of the reporting period, it had 7.1 billion yuan in total assets and 2 billion yuan in total liabilities, with a liability-to-asset ratio of 28.3%.