Shanghai Yaoji Technology Co.,Ltd.’s Net Profit Dropped 59.7% in First Half of 2022

Shanghai Yaoji Technology Co.,Ltd. (上海姚记科技股份有限公司) (002605.SZ) reported a net profit of 148.5 million yuan in the first half of 2022, down 59.7% year-on-year.

Meanwhile, the company posted 1.9 billion yuan in revenue, down 4.8% year-on-year.

At the end of the reporting period, it had 4.1 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 38.3%.