Bestechnic(Shanghai) Co.,Ltd.’s Net Profit Dropped 57.1% in First Half of 2022

Bestechnic(Shanghai) Co.,Ltd. (恒玄科技(上海)股份有限公司) (688608.SH) reported a net profit of 81.1 million yuan in the first half of 2022, down 57.1% year-on-year.

Meanwhile, the company posted 687.4 million yuan in revenue, down 6.3% year-on-year.

At the end of the reporting period, it had 6.4 billion yuan in total assets and 443.1 million yuan in total liabilities, with a liability-to-asset ratio of 6.9%.