M-Grass Ecology And Environment(Group) Co.,Ltd.’s Net Profit Rose 63.3% in First Three Quarters of 2023

M-Grass Ecology And Environment(Group) Co.,Ltd. (蒙草生态环境(集团)股份有限公司) (300355.SZ) reported a net profit of 303.6 million yuan in the first three quarters of 2023, up 63.3% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, down 10.7% year-on-year.

At the end of the reporting period, it had 15.4 billion yuan in total assets and 9.4 billion yuan in total liabilities, with a liability-to-asset ratio of 61%.