M-Grass Ecology And Environment(Group) Co.,Ltd.’s Net Profit Rose 62.4% in First Quarter of 2022

M-Grass Ecology And Environment(Group) Co.,Ltd. (蒙草生态环境(集团)股份有限公司) (300355.SZ) reported a net profit of 33.1 million yuan in the first quarter of 2022, up 62.4% year-on-year.

Meanwhile, the company posted 304.5 million yuan in revenue, up 24.3% year-on-year.

At the end of the reporting period, it had 15.3 billion yuan in total assets and 9.6 billion yuan in total liabilities, with a liability-to-asset ratio of 62.4%.