Grandblue Environment Company Limited’s Net Profit Dropped 5.7% in First Three Quarters of 2022

Grandblue Environment Company Limited (瀚蓝环境股份有限公司) (600323.SH) reported a net profit of 884.1 million yuan in the first three quarters of 2022, down 5.7% year-on-year.

Meanwhile, the company posted 9.6 billion yuan in revenue, up 34.9% year-on-year.

At the end of the reporting period, it had 32.5 billion yuan in total assets and 21.2 billion yuan in total liabilities, with a liability-to-asset ratio of 65.3%.