Ocean'S King Lighting Science&Technology Co.,Ltd.’s Net Profit Dropped 20.6% in First Half of 2022

Ocean"S King Lighting Science&Technology Co.,Ltd. (海洋王照明科技股份有限公司) (002724.SZ) reported a net profit of 87.6 million yuan in the first half of 2022, down 20.6% year-on-year.

Meanwhile, the company posted 799.9 million yuan in revenue, down 5.2% year-on-year.

At the end of the reporting period, it had 3.7 billion yuan in total assets and 579.7 million yuan in total liabilities, with a liability-to-asset ratio of 15.9%.