Shengyuan Environmental Protection Co.,Ltd.’s Net Profit Dropped 22.9% in First Half of 2023

Shengyuan Environmental Protection Co.,Ltd. (圣元环保股份有限公司) (300867.SZ) reported a net profit of 92.8 million yuan in the first half of 2023, down 22.9% year-on-year.

Meanwhile, the company posted 819.6 million yuan in revenue, down 10.2% year-on-year.

At the end of the reporting period, it had 8.4 billion yuan in total assets and 4.9 billion yuan in total liabilities, with a liability-to-asset ratio of 58.8%.