Shengyi Technology Co.,Ltd.’s Net Profit Dropped 32.1% in First Half of 2022

Shengyi Technology Co.,Ltd. (广东生益科技股份有限公司) (600183.SH) reported a net profit of 1 billion yuan in the first half of 2022, down 32.1% year-on-year.

Meanwhile, the company posted 9.4 billion yuan in revenue, down 4.6% year-on-year.

At the end of the reporting period, it had 25.2 billion yuan in total assets and 10.6 billion yuan in total liabilities, with a liability-to-asset ratio of 42.1%.