Shanghai Shibei Hi-Tech Co.,Ltd. Posted 22.3 Million Yuan Net Profit in First Three Quarters of 2022

Shanghai Shibei Hi-Tech Co.,Ltd. (上海市北高新股份有限公司) (600604.SH) reported a net profit of 22.3 million yuan in the first three quarters of 2022, reversing a net loss of 116.1 million yuan for the same period in the previous year.

Meanwhile, the company posted 943.2 million yuan in revenue, up 81.9% year-on-year.

At the end of the reporting period, it had 20.9 billion yuan in total assets and 12.5 billion yuan in total liabilities, with a liability-to-asset ratio of 59.6%.