Tianjin Capital Environmental Protection Group Company Limited’s Net Profit Rose 15.5% in First Quarter of 2022

Tianjin Capital Environmental Protection Group Company Limited (天津创业环保集团股份有限公司) (600874.SH) reported a net profit of 201.6 million yuan in the first quarter of 2022, up 15.5% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, up 22.4% year-on-year.

At the end of the reporting period, it had 21.1 billion yuan in total assets and 12.8 billion yuan in total liabilities, with a liability-to-asset ratio of 60.6%.