Shanghai Titan Scientific Co.,Ltd.’s Net Profit Dropped 3.5% in First Half of 2022

Shanghai Titan Scientific Co.,Ltd. (上海泰坦科技股份有限公司) (688133.SH) reported a net profit of 43.4 million yuan in the first half of 2022, down 3.5% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, up 27.8% year-on-year.

At the end of the reporting period, it had 2.9 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 42.3%.