Road Environment Technology Co.,Ltd.’s Net Profit Dropped 9% in First Three Quarters of 2023

Road Environment Technology Co.,Ltd. (路德环境科技股份有限公司) (688156.SH) reported a net profit of 28.7 million yuan in the first three quarters of 2023, down 9% year-on-year.

Meanwhile, the company posted 231.7 million yuan in revenue, up 0.7% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 471.8 million yuan in total liabilities, with a liability-to-asset ratio of 33.1%.