Guangdong Liantai Environmental Protection Co.,Ltd.’s Net Profit Dropped 24.5% in First Half of 2023

Guangdong Liantai Environmental Protection Co.,Ltd. (广东联泰环保股份有限公司) (603797.SH) reported a net profit of 128.4 million yuan in the first half of 2023, down 24.5% year-on-year.

Meanwhile, the company posted 702.2 million yuan in revenue, down 0.5% year-on-year.

At the end of the reporting period, it had 10.5 billion yuan in total assets and 7.4 billion yuan in total liabilities, with a liability-to-asset ratio of 70.8%.