China Satellite Communications Co.,Ltd.’s Net Profit Rose 13.2% in First Half of 2022

China Satellite Communications Co.,Ltd. (中国卫通集团股份有限公司) (601698.SH) reported a net profit of 364.9 million yuan in the first half of 2022, up 13.2% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, up 1.3% year-on-year.

At the end of the reporting period, it had 19.7 billion yuan in total assets and 3.5 billion yuan in total liabilities, with a liability-to-asset ratio of 17.9%.