Spic Yuanda Environmental-Protection Co.,Ltd.’s Net Profit Dropped 43.1% in First Three Quarters of 2022

Spic Yuanda Environmental-Protection Co.,Ltd. (国家电投集团远达环保股份有限公司) (600292.SH) reported a net profit of 51.3 million yuan in the first three quarters of 2022, down 43.1% year-on-year.

Meanwhile, the company posted 2.9 billion yuan in revenue, down 7.3% year-on-year.

At the end of the reporting period, it had 10.6 billion yuan in total assets and 5 billion yuan in total liabilities, with a liability-to-asset ratio of 47.3%.