Shanghai Kelai Mechatronics Engineering Co.,Ltd.’s Net Profit Dropped 42.9% in First Three Quarters of 2022

Shanghai Kelai Mechatronics Engineering Co.,Ltd. (上海克来机电自动化工程股份有限公司) (603960.SH) reported a net profit of 30.2 million yuan in the first three quarters of 2022, down 42.9% year-on-year.

Meanwhile, the company posted 450.8 million yuan in revenue, up 3.4% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 316.3 million yuan in total liabilities, with a liability-to-asset ratio of 23.4%.