Shengyuan Environmental Protection Co.,Ltd.’s Net Profit Dropped 62.7% in 2022

Shengyuan Environmental Protection Co.,Ltd. (圣元环保股份有限公司) (300867.SZ) reported a net profit of 179.1 million yuan in 2022, down 62.7% year-on-year.

Meanwhile, the company posted 1.8 billion yuan in revenue, down 24.9% year-on-year.

At the end of the reporting period, it had 8.4 billion yuan in total assets and 5 billion yuan in total liabilities, with a liability-to-asset ratio of 60%.