Guangdong Qunxing Toys Joint-Stock Co.,Ltd.’s Net Profit Dropped 89.9% in First Half of 2022

Guangdong Qunxing Toys Joint-Stock Co.,Ltd. (广东群兴玩具股份有限公司) (002575.SZ) reported a net profit of 805,142 yuan in the first half of 2022, down 89.9% year-on-year.

Meanwhile, the company posted 66.1 million yuan in revenue, up 366.9% year-on-year.

At the end of the reporting period, it had 822.5 million yuan in total assets and 39.1 million yuan in total liabilities, with a liability-to-asset ratio of 4.8%.