Shanghai Rongtai Health Technology Corporation Limited’s Net Profit Dropped 27.8% in 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 164.7 million yuan in 2022, down 27.8% year-on-year.

Meanwhile, the company posted 2 billion yuan in revenue, down 23.3% year-on-year.

At the end of the reporting period, it had 3.4 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 45.4%.