Zoomlion Heavy Industry Science And Technology Co.,Ltd.’s Net Profit Dropped 64.2% in First Half of 2022

Zoomlion Heavy Industry Science And Technology Co.,Ltd. (中联重科股份有限公司) (000157.SZ) reported a net profit of 1.8 billion yuan in the first half of 2022, down 64.2% year-on-year.

Meanwhile, the company posted 21.3 billion yuan in revenue, down 49.8% year-on-year.

At the end of the reporting period, it had 130.4 billion yuan in total assets and 73.7 billion yuan in total liabilities, with a liability-to-asset ratio of 56.5%.