Tongxing Environmental Protection Technology Co.,Ltd.’s Net Profit Dropped 64.6% in First Three Quarters of 2023

Tongxing Environmental Protection Technology Co.,Ltd. (同兴环保科技股份有限公司) (003027.SZ) reported a net profit of 31.6 million yuan in the first three quarters of 2023, down 64.6% year-on-year.

Meanwhile, the company posted 533.3 million yuan in revenue, down 14.1% year-on-year.

At the end of the reporting period, it had 2.8 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 35.3%.