City Development Environment Co.,Ltd. Posted 201.3 Million Yuan Net Profit in First Quarter of 2021

City Development Environment Co.,Ltd. (000885.SZ) reported a net profit of 201.3 million yuan in the first quarter of 2021, reversing a net loss of 100.3 million yuan for the same period in the previous year.

Meanwhile, the company posted 734.2 million yuan in revenue, up 286.3% year-on-year.

At the end of the reporting period, it had 14.3 billion yuan in total assets and 8.8 billion yuan in total liabilities, with a liability-to-asset ratio of 61.7%.

This article was automatically produced by Caixin Automation on May 13, 2021.

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