Shanghai Conglin Environmental Protection Technology Co.,Ltd.’s Net Profit Dropped 39.2% in First Three Quarters of 2023

Shanghai Conglin Environmental Protection Technology Co.,Ltd. (上海丛麟环保科技股份有限公司) (688370.SH) reported a net profit of 78.2 million yuan in the first three quarters of 2023, down 39.2% year-on-year.

Meanwhile, the company posted 471 million yuan in revenue, down 11.3% year-on-year.

At the end of the reporting period, it had 3.3 billion yuan in total assets and 649.2 million yuan in total liabilities, with a liability-to-asset ratio of 19.5%.