Shanghai Welltech Automation Co.,Ltd. Posted 5.6 Million Yuan Net Loss in First Half of 2023

Shanghai Welltech Automation Co.,Ltd. (上海威尔泰工业自动化股份有限公司) (002058.SZ) reported a net loss of 5.6 million yuan in the first half of 2023, narrowing 8.5% year-on-year.

Meanwhile, the company posted 66.5 million yuan in revenue, up 22.8% year-on-year.

At the end of the reporting period, it had 349.4 million yuan in total assets and 157 million yuan in total liabilities, with a liability-to-asset ratio of 44.9%.