Zhejiang Shengyang Science And Technology Co.,Ltd.’s Net Profit Dropped 24.5% in First Half of 2022

Zhejiang Shengyang Science And Technology Co.,Ltd. (浙江盛洋科技股份有限公司) (603703.SH) reported a net profit of 18.4 million yuan in the first half of 2022, down 24.5% year-on-year.

Meanwhile, the company posted 403 million yuan in revenue, down 18.7% year-on-year.

At the end of the reporting period, it had 1.9 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 54.2%.