Guangzhou Wahlap Technology Corporation Limited’s Net Profit Dropped 90.7% in First Half of 2022

Guangzhou Wahlap Technology Corporation Limited (广州华立科技股份有限公司) (301011.SZ) reported a net profit of 2.9 million yuan in the first half of 2022, down 90.7% year-on-year.

Meanwhile, the company posted 257.2 million yuan in revenue, up 3% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 459.1 million yuan in total liabilities, with a liability-to-asset ratio of 39.2%.