Road Environment Technology Co.,Ltd.’s Net Profit Dropped 34.3% in First Half of 2023

Road Environment Technology Co.,Ltd. (路德环境科技股份有限公司) (688156.SH) reported a net profit of 14.1 million yuan in the first half of 2023, down 34.3% year-on-year.

Meanwhile, the company posted 125.1 million yuan in revenue, down 16.9% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 371.2 million yuan in total liabilities, with a liability-to-asset ratio of 28.1%.