Road Environment Technology Co.,Ltd.’s Net Profit Dropped 35.4% in First Three Quarters of 2022

Road Environment Technology Co.,Ltd. (路德环境科技股份有限公司) (688156.SH) reported a net profit of 31.6 million yuan in the first three quarters of 2022, down 35.4% year-on-year.

Meanwhile, the company posted 230 million yuan in revenue, down 2.6% year-on-year.

At the end of the reporting period, it had 1.1 billion yuan in total assets and 315.7 million yuan in total liabilities, with a liability-to-asset ratio of 27.6%.