Shanghai Ceo Environmental Protection Technology Co.,Ltd.’s Net Profit Rose 17.9% in First Quarter of 2022

Shanghai Ceo Environmental Protection Technology Co.,Ltd. (上海复洁环保科技股份有限公司) (688335.SH) reported a net profit of 18.1 million yuan in the first quarter of 2022, up 17.9% year-on-year.

Meanwhile, the company posted 108.2 million yuan in revenue, up 33.1% year-on-year.

At the end of the reporting period, it had 1.5 billion yuan in total assets and 329.1 million yuan in total liabilities, with a liability-to-asset ratio of 22.3%.