Contec Medical Systems Co.,Ltd.’s Net Profit Dropped 43% in First Half of 2022

Contec Medical Systems Co.,Ltd. (康泰医学系统(秦皇岛)股份有限公司) (300869.SZ) reported a net profit of 115.4 million yuan in the first half of 2022, down 43% year-on-year.

Meanwhile, the company posted 332.1 million yuan in revenue, down 35.5% year-on-year.

At the end of the reporting period, it had 2.9 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 37.2%.