Road Environment Technology Co.,Ltd.’s Net Profit Dropped 33.6% in First Half of 2022

Road Environment Technology Co.,Ltd. (路德环境科技股份有限公司) (688156.SH) reported a net profit of 21.5 million yuan in the first half of 2022, down 33.6% year-on-year.

Meanwhile, the company posted 150.5 million yuan in revenue, up 1.8% year-on-year.

At the end of the reporting period, it had 1 billion yuan in total assets and 186.5 million yuan in total liabilities, with a liability-to-asset ratio of 18.6%.