Shanghai Moons'Electric Co.,Ltd.’s Net Profit Dropped 45.7% in First Half of 2022

Shanghai Moons'Electric Co.,Ltd. (上海鸣志电器股份有限公司) (603728.SH) reported a net profit of 70.6 million yuan in the first half of 2022, down 45.7% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, down 1.9% year-on-year.

At the end of the reporting period, it had 3.5 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 29.5%.