Guangdong Liantai Environmental Protection Co.,Ltd.’s Net Profit Dropped 11.8% in 2022

Guangdong Liantai Environmental Protection Co.,Ltd. (广东联泰环保股份有限公司) (603797.SH) reported a net profit of 276.9 million yuan in 2022, down 11.8% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, up 25% year-on-year.

At the end of the reporting period, it had 10.3 billion yuan in total assets and 7.2 billion yuan in total liabilities, with a liability-to-asset ratio of 70.7%.