Shanghai Environment Group Co.,Ltd.’s Net Profit Dropped 27.6% in 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 623.8 million yuan in 2022, down 27.6% year-on-year.

Meanwhile, the company posted 6.3 billion yuan in revenue, down 12.7% year-on-year.

At the end of the reporting period, it had 29 billion yuan in total assets and 17 billion yuan in total liabilities, with a liability-to-asset ratio of 58.5%.