Suzhou New Sea Union Telecom Technology Co.,Ltd. Posted 14.3 Million Yuan Net Profit in First Half of 2022

Suzhou New Sea Union Telecom Technology Co.,Ltd. (新海宜科技集团股份有限公司) (002089.SZ) reported a net profit of 14.3 million yuan in the first half of 2022, reversing a net loss of 129.1 million yuan for the same period in the previous year.

Meanwhile, the company posted 96.5 million yuan in revenue, down 11.9% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 888.5 million yuan in total liabilities, with a liability-to-asset ratio of 41.6%.