Shanghai Beite Technology Co.,Ltd.’s Net Profit Dropped 30% in 2022

Shanghai Beite Technology Co.,Ltd. (上海北特科技股份有限公司) (603009.SH) reported a net profit of 40.6 million yuan in 2022, down 30% year-on-year.

Meanwhile, the company posted 1.7 billion yuan in revenue, down 1.9% year-on-year.

At the end of the reporting period, it had 3.2 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 48.9%.