Nanjing Wondux Environmental Protection Technology Corp.,Ltd.’s Net Profit Dropped 79% in First Quarter of 2022

Nanjing Wondux Environmental Protection Technology Corp.,Ltd. (南京万德斯环保科技股份有限公司) (688178.SH) reported a net profit of 2 million yuan in the first quarter of 2022, down 79% year-on-year.
Meanwhile, the company posted 138.6 million yuan in revenue, up 15.4% year-on-year.
At the end of the reporting period, it had 2 billion yuan in total assets and 845.6 million yuan in total liabilities, with a liability-to-asset ratio of 41.3%.
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