Shanghai Cooltech Power Co.,Ltd.’s Net Profit Dropped 38.8% in First Half of 2022

Shanghai Cooltech Power Co.,Ltd. (上海科泰电源股份有限公司) (300153.SZ) reported a net profit of 5.2 million yuan in the first half of 2022, down 38.8% year-on-year.

Meanwhile, the company posted 396.9 million yuan in revenue, down 7.6% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 581.4 million yuan in total liabilities, with a liability-to-asset ratio of 42.7%.