Grandblue Environment Company Limited’s Net Profit Dropped 10.3% in First Half of 2022

Grandblue Environment Company Limited (瀚蓝环境股份有限公司) (600323.SH) reported a net profit of 563.8 million yuan in the first half of 2022, down 10.3% year-on-year.

Meanwhile, the company posted 6.1 billion yuan in revenue, up 34.8% year-on-year.

At the end of the reporting period, it had 31.4 billion yuan in total assets and 20.4 billion yuan in total liabilities, with a liability-to-asset ratio of 65.1%.