Shanghai Tongji Science&Technology Industrial Co.,Ltd.’s Net Profit Dropped 77.4% in First Half of 2022

Shanghai Tongji Science&Technology Industrial Co.,Ltd. (上海同济科技实业股份有限公司) (600846.SH) reported a net profit of 89.2 million yuan in the first half of 2022, down 77.4% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, down 70.4% year-on-year.

At the end of the reporting period, it had 10.5 billion yuan in total assets and 7.2 billion yuan in total liabilities, with a liability-to-asset ratio of 68.4%.