Henan Lantian Gas Co.,Ltd.’s Net Profit Rose 75.3% in First Quarter of 2022

Henan Lantian Gas Co.,Ltd. (河南蓝天燃气股份有限公司) (605368.SH) reported a net profit of 191.7 million yuan in the first quarter of 2022, up 75.3% year-on-year.

Meanwhile, the company posted 1.4 billion yuan in revenue, up 28% year-on-year.

At the end of the reporting period, it had 5.3 billion yuan in total assets and 2.2 billion yuan in total liabilities, with a liability-to-asset ratio of 41.6%.