Ways Electron Co.,Ltd.’s Net Profit Dropped 10.3% in First Half of 2022

Ways Electron Co.,Ltd. (伟时电子股份有限公司) (605218.SH) reported a net profit of 35.1 million yuan in the first half of 2022, down 10.3% year-on-year.

Meanwhile, the company posted 606.3 million yuan in revenue, up 2.7% year-on-year.

At the end of the reporting period, it had 1.5 billion yuan in total assets and 312.8 million yuan in total liabilities, with a liability-to-asset ratio of 21.2%.