Cecep Guozhenenvironmental Protection Technology Co.,Ltd.’s Net Profit Dropped 8.3% in First Half of 2023

Cecep Guozhenenvironmental Protection Technology Co.,Ltd. (中节能国祯环保科技股份有限公司) (300388.SZ) reported a net profit of 202.4 million yuan in the first half of 2023, down 8.3% year-on-year.

Meanwhile, the company posted 1.6 billion yuan in revenue, down 21.3% year-on-year.

At the end of the reporting period, it had 14.9 billion yuan in total assets and 10.6 billion yuan in total liabilities, with a liability-to-asset ratio of 71.3%.