Beijing Water Business Doctor Co.,Ltd.’s Net Profit Dropped 67.4% in First Quarter of 2022

Beijing Water Business Doctor Co.,Ltd. (北京万邦达环保技术股份有限公司) (300055.SZ) reported a net profit of 40.8 million yuan in the first quarter of 2022, down 67.4% year-on-year.

Meanwhile, the company posted 651.1 million yuan in revenue, up 116% year-on-year.

At the end of the reporting period, it had 7.2 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 22%.