Elite Color Environmental Resources Science&Technology Co.,Ltd.’s Net Profit Dropped 23.6% in First Quarter of 2022

Elite Color Environmental Resources Science&Technology Co.,Ltd. (优彩环保资源科技股份有限公司) (002998.SZ) reported a net profit of 29.8 million yuan in the first quarter of 2022, down 23.6% year-on-year.

Meanwhile, the company posted 427.3 million yuan in revenue, up 33.9% year-on-year.

At the end of the reporting period, it had 1.8 billion yuan in total assets and 343.6 million yuan in total liabilities, with a liability-to-asset ratio of 18.6%.