Shanghai Hi-Tech Control System Co.,Ltd.’s Net Profit Dropped 32.3% in First Half of 2022

Shanghai Hi-Tech Control System Co.,Ltd. (上海海得控制系统股份有限公司) (002184.SZ) reported a net profit of 52.2 million yuan in the first half of 2022, down 32.3% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, down 10.4% year-on-year.

At the end of the reporting period, it had 2.7 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 44.3%.