Nanjing Panda Electronics Company Limited’s Net Profit Dropped 34.4% in First Half of 2022

Nanjing Panda Electronics Company Limited (南京熊猫电子股份有限公司) (600775.SH) reported a net profit of 25.3 million yuan in the first half of 2022, down 34.4% year-on-year.

Meanwhile, the company posted 2 billion yuan in revenue, down 6.3% year-on-year.

At the end of the reporting period, it had 5.9 billion yuan in total assets and 2.2 billion yuan in total liabilities, with a liability-to-asset ratio of 36.7%.