Zhejiang Feida Environmental Science&Technology Co.,Ltd.’s Net Profit Dropped 24.1% in First Half of 2022

Zhejiang Feida Environmental Science&Technology Co.,Ltd. (浙江菲达环保科技股份有限公司) (600526.SH) reported a net profit of 41.2 million yuan in the first half of 2022, down 24.1% year-on-year.

Meanwhile, the company posted 1.5 billion yuan in revenue, down 1.1% year-on-year.

At the end of the reporting period, it had 10 billion yuan in total assets and 6.9 billion yuan in total liabilities, with a liability-to-asset ratio of 68.9%.