Shenzhen Topway Video Communication Co.,Ltd.’s Net Profit Dropped 28.6% in First Half of 2022

Shenzhen Topway Video Communication Co.,Ltd. (深圳市天威视讯股份有限公司) (002238.SZ) reported a net profit of 54.2 million yuan in the first half of 2022, down 28.6% year-on-year.

Meanwhile, the company posted 702.8 million yuan in revenue, down 21.9% year-on-year.

At the end of the reporting period, it had 3.6 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 35.7%.