Shanghai Beite Technology Co.,Ltd.’s Net Profit Dropped 32.3% in First Half of 2022

Shanghai Beite Technology Co.,Ltd. (上海北特科技股份有限公司) (603009.SH) reported a net profit of 25.3 million yuan in the first half of 2022, down 32.3% year-on-year.

Meanwhile, the company posted 781.4 million yuan in revenue, down 11.6% year-on-year.

At the end of the reporting period, it had 3.1 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 48.6%.