Shanghai Taisheng Wind Power Equipment Co.,Ltd.’s Net Profit Dropped 44.3% in First Half of 2022

Shanghai Taisheng Wind Power Equipment Co.,Ltd. (上海泰胜风能装备股份有限公司) (300129.SZ) reported a net profit of 98.8 million yuan in the first half of 2022, down 44.3% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, down 8.3% year-on-year.

At the end of the reporting period, it had 6.6 billion yuan in total assets and 2.7 billion yuan in total liabilities, with a liability-to-asset ratio of 40.3%.