Shanghai Environment Group Co.,Ltd.’s Net Profit Rose 11.1% in First Half of 2023

Shanghai Environment Group Co.,Ltd. (上海环境集团股份有限公司) (601200.SH) reported a net profit of 362.2 million yuan in the first half of 2023, up 11.1% year-on-year.

Meanwhile, the company posted 2.8 billion yuan in revenue, up 14.2% year-on-year.

At the end of the reporting period, it had 28.9 billion yuan in total assets and 16.6 billion yuan in total liabilities, with a liability-to-asset ratio of 57.3%.