China Resources And Environment Co.,Ltd.’s Net Profit Dropped 81.8% in First Half of 2023

China Resources And Environment Co.,Ltd. (中再资源环境股份有限公司) (600217.SH) reported a net profit of 11.5 million yuan in the first half of 2023, down 81.8% year-on-year.

Meanwhile, the company posted 1.8 billion yuan in revenue, up 4.5% year-on-year.

At the end of the reporting period, it had 7.2 billion yuan in total assets and 4.6 billion yuan in total liabilities, with a liability-to-asset ratio of 64.3%.