Raytron Technology Co.,Ltd.’s Net Profit Dropped 58.6% in First Half of 2022

Raytron Technology Co.,Ltd. (烟台睿创微纳技术股份有限公司) (688002.SH) reported a net profit of 111.3 million yuan in the first half of 2022, down 58.6% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, up 24.9% year-on-year.

At the end of the reporting period, it had 5.6 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 28.4%.