Infore Environment Technology Group Co.,Ltd.’s Net Profit Dropped 12% in First Half of 2022

Infore Environment Technology Group Co.,Ltd. (盈峰环境科技集团股份有限公司) (000967.SZ) reported a net profit of 356.6 million yuan in the first half of 2022, down 12% year-on-year.

Meanwhile, the company posted 5.7 billion yuan in revenue, up 4.1% year-on-year.

At the end of the reporting period, it had 29.8 billion yuan in total assets and 12.4 billion yuan in total liabilities, with a liability-to-asset ratio of 41.7%.