Shanghai Environment Group Co.,Ltd.’s Net Profit Dropped 29.2% in First Three Quarters of 2022

Shanghai Environment Group Co.,Ltd. (上海环境集团股份有限公司) (601200.SH) reported a net profit of 549.2 million yuan in the first three quarters of 2022, down 29.2% year-on-year.

Meanwhile, the company posted 4.1 billion yuan in revenue, down 23.7% year-on-year.

At the end of the reporting period, it had 29.4 billion yuan in total assets and 17.5 billion yuan in total liabilities, with a liability-to-asset ratio of 59.4%.