Yantai Eddie Precision Machinery Co.,Ltd.’s Net Profit Dropped 63.7% in First Half of 2022

Yantai Eddie Precision Machinery Co.,Ltd. (烟台艾迪精密机械股份有限公司) (603638.SH) reported a net profit of 122.4 million yuan in the first half of 2022, down 63.7% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, down 37.1% year-on-year.

At the end of the reporting period, it had 5.4 billion yuan in total assets and 2.4 billion yuan in total liabilities, with a liability-to-asset ratio of 44.2%.