Meter Instruments Co.,Ltd.’s Net Profit Dropped 9.7% in First Half of 2022

Meter Instruments Co.,Ltd. (迈拓仪表股份有限公司) (301006.SZ) reported a net profit of 58.8 million yuan in the first half of 2022, down 9.7% year-on-year.

Meanwhile, the company posted 161.7 million yuan in revenue, down 11.2% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 157.7 million yuan in total liabilities, with a liability-to-asset ratio of 12.4%.