Hangzhou Kaierda Welding Robot Co.,Ltd.’s Net Profit Dropped 39.1% in First Half of 2022

Hangzhou Kaierda Welding Robot Co.,Ltd. (杭州凯尔达焊接机器人股份有限公司) (688255.SH) reported a net profit of 22.7 million yuan in the first half of 2022, down 39.1% year-on-year.

Meanwhile, the company posted 207.4 million yuan in revenue, down 39% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 98.6 million yuan in total liabilities, with a liability-to-asset ratio of 8.2%.