Road Environment Technology Co.,Ltd.’s Net Profit Dropped 50.6% in 2022

Road Environment Technology Co.,Ltd. (路德环境科技股份有限公司) (688156.SH) reported a net profit of 39.2 million yuan in 2022, down 50.6% year-on-year.

Meanwhile, the company posted 342.1 million yuan in revenue, down 10.5% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 365.6 million yuan in total liabilities, with a liability-to-asset ratio of 30.6%.