Yinyi Co.,Ltd. Posted 360 Million Yuan Net Profit in First Half of 2022

Yinyi Co.,Ltd. (银亿股份有限公司) (000981.SZ) reported a net profit of 360 million yuan in the first half of 2022, reversing a net loss of 408.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.8 billion yuan in revenue, down 16.6% year-on-year.

At the end of the reporting period, it had 17.8 billion yuan in total assets and 11.2 billion yuan in total liabilities, with a liability-to-asset ratio of 63.1%.