Wuxi Delinhai Environmental Technology Co.,Ltd.’s Net Profit Dropped 48.1% in 2022

Wuxi Delinhai Environmental Technology Co.,Ltd. (无锡德林海环保科技股份有限公司) (688069.SH) reported a net profit of 56.4 million yuan in 2022, down 48.1% year-on-year.

Meanwhile, the company posted 448.8 million yuan in revenue, down 8.7% year-on-year.

At the end of the reporting period, it had 1.8 billion yuan in total assets and 304.8 million yuan in total liabilities, with a liability-to-asset ratio of 17.1%.