Datang Telecom Technology Co.,Ltd. Posted 18.5 Million Yuan Net Profit in First Half of 2022

Datang Telecom Technology Co.,Ltd. (大唐电信科技股份有限公司) (600198.SH) reported a net profit of 18.5 million yuan in the first half of 2022, reversing a net loss of 81.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 426.5 million yuan in revenue, down 20.3% year-on-year.

At the end of the reporting period, it had 3.7 billion yuan in total assets and 1.8 billion yuan in total liabilities, with a liability-to-asset ratio of 49.7%.