Shanghai Tongji Science&Technology Industrial Co.,Ltd.’s Net Profit Dropped 42.9% in 2022

Shanghai Tongji Science&Technology Industrial Co.,Ltd. (上海同济科技实业股份有限公司) (600846.SH) reported a net profit of 371.1 million yuan in 2022, down 42.9% year-on-year.

Meanwhile, the company posted 3.9 billion yuan in revenue, down 35.7% year-on-year.

At the end of the reporting period, it had 10.8 billion yuan in total assets and 7.2 billion yuan in total liabilities, with a liability-to-asset ratio of 66.8%.