M-Grass Ecology And Environment(Group) Co.,Ltd.’s Net Profit Dropped 36% in First Three Quarters 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 185.9 million yuan in the first three quarters of 2022, down 36% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, down 22.5% year-on-year.

At the end of the reporting period, it had 15.5 billion yuan in total assets and 9.7 billion yuan in total liabilities, with a liability-to-asset ratio of 62.4%.