Shandong Meichen Ecology&Environment Co.,Ltd. Posted 418.9 Million Yuan Net Loss in First Three Quarters of 2022

Shandong Meichen Ecology&Environment Co.,Ltd. (山东美晨生态环境股份有限公司) (300237.SZ) reported a net loss of 418.9 million yuan in the first three quarters of 2022, widening 140.6% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, down 27% year-on-year.

At the end of the reporting period, it had 9.9 billion yuan in total assets and 7.9 billion yuan in total liabilities, with a liability-to-asset ratio of 79.3%.