Rastar Environmental Materials Co.,Ltd.’s Net Profit Dropped 65% in First Half of 2023

Rastar Environmental Materials Co.,Ltd. (星辉环保材料股份有限公司) (300834.SZ) reported a net profit of 30.2 million yuan in the first half of 2023, down 65% year-on-year.

Meanwhile, the company posted 722.2 million yuan in revenue, down 18.4% year-on-year.

At the end of the reporting period, it had 3.2 billion yuan in total assets and 262.7 million yuan in total liabilities, with a liability-to-asset ratio of 8.2%.