Cecep Environmental Protection Equipment Co.,Ltd. Posted 15.1 Million Yuan Net Profit in First Half of 2022

Cecep Environmental Protection Equipment Co.,Ltd. (中节能环保装备股份有限公司) (300140.SZ) reported a net profit of 15.1 million yuan in the first half of 2022, reversing a net loss of 40.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 443.1 million yuan in revenue, down 6.7% year-on-year.

At the end of the reporting period, it had 3 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 46%.