Hangzhou Landscape Architecture Design Institute Co.,Ltd.’s Net Profit Dropped 61.8% in First Three Quarters 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 14.5 million yuan in the first three quarters of 2023, down 61.8% year-on-year.

Meanwhile, the company posted 204 million yuan in revenue, down 60.2% year-on-year.

At the end of the reporting period, it had 1.1 billion yuan in total assets and 529.9 million yuan in total liabilities, with a liability-to-asset ratio of 49.2%.