Shanghai Action Education Technology Co.,Ltd.’s Net Profit Dropped 35.2% in 2022

Shanghai Action Education Technology Co.,Ltd. (上海行动教育科技股份有限公司) (605098.SH) reported a net profit of 112.1 million yuan in 2022, down 35.2% year-on-year.

Meanwhile, the company posted 450.9 million yuan in revenue, down 18.8% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 880.8 million yuan in total liabilities, with a liability-to-asset ratio of 45.2%.