Shengyuan Environmental Protection Co.,Ltd.’s Net Profit Dropped 68.4% in First Half of 2022

Shengyuan Environmental Protection Co.,Ltd. (圣元环保股份有限公司) (300867.SZ) reported a net profit of 120.4 million yuan in the first half of 2022, down 68.4% year-on-year.

Meanwhile, the company posted 912.6 million yuan in revenue, down 34.8% year-on-year.

At the end of the reporting period, it had 8.2 billion yuan in total assets and 4.9 billion yuan in total liabilities, with a liability-to-asset ratio of 59.7%.