M-Grass Ecology And Environment(Group) Co.,Ltd.’s Net Profit Rose 3.1% in First Half of 2022

M-Grass Ecology And Environment(Group) Co.,Ltd. (蒙草生态环境(集团)股份有限公司) (300355.SZ) reported a net profit of 177.5 million yuan in the first half of 2022, up 3.1% year-on-year.

Meanwhile, the company posted 926.2 million yuan in revenue, down 5.3% year-on-year.

At the end of the reporting period, it had 15.3 billion yuan in total assets and 9.4 billion yuan in total liabilities, with a liability-to-asset ratio of 61.6%.