Autel Intelligent Technology Corp.,Ltd.’s Net Profit Dropped 63% in First Half of 2022

Autel Intelligent Technology Corp.,Ltd. (深圳市道通科技股份有限公司) (688208.SH) reported a net profit of 85.7 million yuan in the first half of 2022, down 63% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, down 1.2% year-on-year.

At the end of the reporting period, it had 4.4 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 34%.