M-Grass Ecology And Environment(Group) Co.,Ltd.’s Net Profit Dropped 45.2% in 2022

M-Grass Ecology And Environment(Group) Co.,Ltd. (蒙草生态环境(集团)股份有限公司) (300355.SZ) reported a net profit of 201.9 million yuan in 2022, down 45.2% year-on-year.

Meanwhile, the company posted 2.2 billion yuan in revenue, down 23.7% year-on-year.

At the end of the reporting period, it had 16.1 billion yuan in total assets and 10.3 billion yuan in total liabilities, with a liability-to-asset ratio of 64.2%.