Hangzhou Dadi Haiyang Environmental Protection Co.,Ltd.’s Net Profit Dropped 39.9% in First Half of 2022

Hangzhou Dadi Haiyang Environmental Protection Co.,Ltd. (杭州大地海洋环保股份有限公司) (301068.SZ) reported a net profit of 17.8 million yuan in the first half of 2022, down 39.9% year-on-year.

Meanwhile, the company posted 362.6 million yuan in revenue, up 77.1% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 426.1 million yuan in total liabilities, with a liability-to-asset ratio of 36.3%.