Beijing Geoenviron Engineering&Technology,Inc.’s Net Profit Dropped 10.4% in 2022

Beijing Geoenviron Engineering&Technology,Inc. (北京高能时代环境技术股份有限公司) (603588.SH) reported a net profit of 744.4 million yuan in 2022, down 10.4% year-on-year.

Meanwhile, the company posted 8.8 billion yuan in revenue, up 12.1% year-on-year.

At the end of the reporting period, it had 22.7 billion yuan in total assets and 13 billion yuan in total liabilities, with a liability-to-asset ratio of 57.3%.