Xiamen Xinde Co.,Ltd.’s Net Profit Rose 161.8% in First Half of 2022

Xiamen Xinde Co.,Ltd. (厦门信达股份有限公司) (000701.SZ) reported a net profit of 103.8 million yuan in the first half of 2022, up 161.8% year-on-year.

Meanwhile, the company posted 47.1 billion yuan in revenue, down 4.1% year-on-year.

At the end of the reporting period, it had 22.1 billion yuan in total assets and 18.4 billion yuan in total liabilities, with a liability-to-asset ratio of 83.5%.