Cec Environmental Protection Co.,Ltd.’s Net Profit Dropped 35.3% in 2022

Cec Environmental Protection Co.,Ltd. (中电环保股份有限公司) (300172.SZ) reported a net profit of 69.5 million yuan in 2022, down 35.3% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, up 17% year-on-year.

At the end of the reporting period, it had 2.9 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 36.4%.