Chengdu Xingrong Environmental Co.,Ltd.’s Net Profit Rose 20.3% in First Quarter of 2022

Chengdu Xingrong Environmental Co.,Ltd. (成都市兴蓉环境股份有限公司) (000598.SZ) reported a net profit of 357.8 million yuan in the first quarter of 2022, up 20.3% year-on-year.

Meanwhile, the company posted 1.4 billion yuan in revenue, up 19.1% year-on-year.

At the end of the reporting period, it had 34.7 billion yuan in total assets and 20 billion yuan in total liabilities, with a liability-to-asset ratio of 57.6%.