Chongqing Sanfeng Environment Group Co.,Ltd.’s Net Profit Dropped 23.2% in First Half of 2022

Chongqing Sanfeng Environment Group Co.,Ltd. (重庆三峰环境集团股份有限公司) (601827.SH) reported a net profit of 610.5 million yuan in the first half of 2022, down 23.2% year-on-year.

Meanwhile, the company posted 2.9 billion yuan in revenue, down 7.8% year-on-year.

At the end of the reporting period, it had 22.5 billion yuan in total assets and 12.9 billion yuan in total liabilities, with a liability-to-asset ratio of 57.3%.