Tederic Machinery Co.,Ltd.’s Net Profit Dropped 24.1% in First Half of 2022

Tederic Machinery Co.,Ltd. (泰瑞机器股份有限公司) (603289.SH) reported a net profit of 65.4 million yuan in the first half of 2022, down 24.1% year-on-year.

Meanwhile, the company posted 567.8 million yuan in revenue, down 0.6% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 667.3 million yuan in total liabilities, with a liability-to-asset ratio of 33.6%.