Hangzhou Landscape Architecture Design Institute Co.,Ltd.’s Net Profit Dropped 65.4% in 2022

Hangzhou Landscape Architecture Design Institute Co.,Ltd. (杭州园林设计院股份有限公司) (300649.SZ) reported a net profit of 11.3 million yuan in 2022, down 65.4% year-on-year.

Meanwhile, the company posted 656.7 million yuan in revenue, down 12.3% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 701.6 million yuan in total liabilities, with a liability-to-asset ratio of 56.6%.