Hongcheng Environmental Technology (02265) announced its 2023 results, with total revenue of approximately RMB 108 million, down from the previous year...
According to the Zhitong Finance App, Hongcheng Environmental Technology (02265) announced its 2023 results. The total revenue was about RMB 108 million, a year-on-year decrease of about 51.5%. Net profit was about 17.5 million yuan, a year-on-year decrease of about 78.2%. The basic profit per share was approximately $0.017.
According to the announcement, the decline in revenue was mainly due to revenue from sulfur concentrate sales and gold mine hazardous waste treatment services falling by about 73.6% and 35.4%, respectively, compared to last year.