Shanghai Kelai Mechatronics Engineering Co.,Ltd. Posted 29.1 Million Yuan Net Profit in First Half of 2023

Shanghai Kelai Mechatronics Engineering Co.,Ltd. (上海克来机电自动化工程股份有限公司) (603960.SH) reported a net profit of 29.1 million yuan in the first half of 2023, reversing a net loss of 5.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 264 million yuan in revenue, up 31.2% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 183.9 million yuan in total liabilities, with a liability-to-asset ratio of 15.3%.