Shanghai Shibei Hi-Tech Co.,Ltd. Posted 14.1 Million Yuan Net Profit in First Half of 2022

Shanghai Shibei Hi-Tech Co.,Ltd. (上海市北高新股份有限公司) (600604.SH) reported a net profit of 14.1 million yuan in the first half of 2022, reversing a net loss of 74.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 664 million yuan in revenue, up 137.9% year-on-year.

At the end of the reporting period, it had 20.9 billion yuan in total assets and 12.5 billion yuan in total liabilities, with a liability-to-asset ratio of 59.6%.