Hangzhou Landscape Architecture Design Institute Co.,Ltd.’s Net Profit Dropped 60.2% in First Half of 2023

Hangzhou Landscape Architecture Design Institute Co.,Ltd. (杭州园林设计院股份有限公司) (300649.SZ) reported a net profit of 12.3 million yuan in the first half of 2023, down 60.2% year-on-year.

Meanwhile, the company posted 131.5 million yuan in revenue, down 64.2% year-on-year.

At the end of the reporting period, it had 1.1 billion yuan in total assets and 560.2 million yuan in total liabilities, with a liability-to-asset ratio of 50.8%.