Cscec Scimee Sci.&Tech.Co.,Ltd.’s Net Profit Dropped 63.9% in First Quarter of 2023

Cscec Scimee Sci.&Tech.Co.,Ltd. (中建环能科技股份有限公司) (300425.SZ) reported a net profit of 9.3 million yuan in the first quarter of 2023, down 63.9% year-on-year.

Meanwhile, the company posted 200.2 million yuan in revenue, down 28.6% year-on-year.

At the end of the reporting period, it had 4.1 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 42.5%.