Contec Medical Systems Co.,Ltd.’s Net Profit Dropped 44.3% in 2022

Contec Medical Systems Co.,Ltd. (康泰医学系统(秦皇岛)股份有限公司) (300869.SZ) reported a net profit of 196.2 million yuan in 2022, down 44.3% year-on-year.

Meanwhile, the company posted 712.1 million yuan in revenue, down 21.6% year-on-year.

At the end of the reporting period, it had 3.7 billion yuan in total assets and 1.8 billion yuan in total liabilities, with a liability-to-asset ratio of 48.3%.