Shanghai Kelai Mechatronics Engineering Co.,Ltd. Posted 5.9 Million Yuan Net Loss in First Half of 2022

Shanghai Kelai Mechatronics Engineering Co.,Ltd. (上海克来机电自动化工程股份有限公司) (603960.SH) reported a net loss of 5.9 million yuan in the first half of 2022, reversing a net profit of 40.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 201.2 million yuan in revenue, down 28.2% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 280.9 million yuan in total liabilities, with a liability-to-asset ratio of 21.9%.