Shanghai Shibei Hi-Tech Co.,Ltd.’s Net Profit Dropped 23.9% in 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 98.6 million yuan in 2022, down 23.9% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, up 13.4% year-on-year.

At the end of the reporting period, it had 22.1 billion yuan in total assets and 13.6 billion yuan in total liabilities, with a liability-to-asset ratio of 61.4%.