Shanghai Hi-Tech Control System Co.,Ltd.’s Net Profit Dropped 2.5% in 2022

Shanghai Hi-Tech Control System Co.,Ltd. (上海海得控制系统股份有限公司) (002184.SZ) reported a net profit of 165.8 million yuan in 2022, down 2.5% year-on-year.

Meanwhile, the company posted 2.7 billion yuan in revenue, up 8.6% year-on-year.

At the end of the reporting period, it had 3.1 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 50.5%.