Ningbo Techmation Co.,Ltd.’s Net Profit Dropped 36.3% in First Half of 2022

Ningbo Techmation Co.,Ltd. (宁波弘讯科技股份有限公司) (603015.SH) reported a net profit of 35 million yuan in the first half of 2022, down 36.3% year-on-year.

Meanwhile, the company posted 429.4 million yuan in revenue, down 16.1% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 838.7 million yuan in total liabilities, with a liability-to-asset ratio of 39%.