Fujian Haixia Environmental Protection Group Co.,Ltd.’s Net Profit Rose 23.3% in First Quarter of 2022

Fujian Haixia Environmental Protection Group Co.,Ltd. (福建海峡环保集团股份有限公司) (603817.SH) reported a net profit of 38.4 million yuan in the first quarter of 2022, up 23.3% year-on-year.

Meanwhile, the company posted 252.6 million yuan in revenue, up 32.2% year-on-year.

At the end of the reporting period, it had 5 billion yuan in total assets and 2.8 billion yuan in total liabilities, with a liability-to-asset ratio of 55.8%.