Weihai Guangtai Airport Equipment Co.,Ltd.’s Net Profit Dropped 57.3% in First Half of 2022

Weihai Guangtai Airport Equipment Co.,Ltd. (威海广泰空港设备股份有限公司) (002111.SZ) reported a net profit of 89.1 million yuan in the first half of 2022, down 57.3% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, down 25.3% year-on-year.

At the end of the reporting period, it had 5.2 billion yuan in total assets and 2 billion yuan in total liabilities, with a liability-to-asset ratio of 39%.