Top Resource Conservation&Environment Corp.’s Net Profit Rose 1214.9% in First Quarter of 2022

Top Resource Conservation&Environment Corp. (天壕环境股份有限公司) (300332.SZ) reported a net profit of 131 million yuan in the first quarter of 2022, up 1214.9% year-on-year.

Meanwhile, the company posted 850.1 million yuan in revenue, up 141.4% year-on-year.

At the end of the reporting period, it had 8.5 billion yuan in total assets and 4.6 billion yuan in total liabilities, with a liability-to-asset ratio of 54%.