Piesat Information Technology Co.,Ltd.’s Net Profit Rose 56.5% in First Half of 2022

Piesat Information Technology Co.,Ltd. (航天宏图信息技术股份有限公司) (688066.SH) reported a net profit of 8.5 million yuan in the first half of 2022, up 56.5% year-on-year.

Meanwhile, the company posted 781.3 million yuan in revenue, up 79% year-on-year.

At the end of the reporting period, it had 3.9 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 42.1%.