Dayu Irrigation Group Co.,Ltd.’s Net Profit Dropped 26% in 2022

Dayu Irrigation Group Co.,Ltd. (大禹节水集团股份有限公司) (300021.SZ) reported a net profit of 108.6 million yuan in 2022, down 26% year-on-year.

Meanwhile, the company posted 3.4 billion yuan in revenue, down 3.2% year-on-year.

At the end of the reporting period, it had 7 billion yuan in total assets and 4.6 billion yuan in total liabilities, with a liability-to-asset ratio of 66.1%.