Shanghai Rongtai Health Technology Corporation Limited’s Net Profit Dropped 38% in First Half of 2022

Shanghai Rongtai Health Technology Corporation Limited (上海荣泰健康科技股份有限公司) (603579.SH) reported a net profit of 86.8 million yuan in the first half of 2022, down 38% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, down 11.8% year-on-year.

At the end of the reporting period, it had 3.3 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 46.1%.