Shanghai Kaichuang Marine International Co.,Ltd.’s Net Profit Dropped 74.1% in First Half of 2022

Shanghai Kaichuang Marine International Co.,Ltd. (上海开创国际海洋资源股份有限公司) (600097.SH) reported a net profit of 39.9 million yuan in the first half of 2022, down 74.1% year-on-year.

Meanwhile, the company posted 780.4 million yuan in revenue, down 20.2% year-on-year.

At the end of the reporting period, it had 3 billion yuan in total assets and 941.2 million yuan in total liabilities, with a liability-to-asset ratio of 31.8%.