Guangdong Liantai Environmental Protection Co.,Ltd.’s Net Profit Rose 26.8% in First Quarter of 2022

Guangdong Liantai Environmental Protection Co.,Ltd. (广东联泰环保股份有限公司) (603797.SH) reported a net profit of 72.9 million yuan in the first quarter of 2022, up 26.8% year-on-year.

Meanwhile, the company posted 231 million yuan in revenue, up 27.7% year-on-year.

At the end of the reporting period, it had 10.1 billion yuan in total assets and 7 billion yuan in total liabilities, with a liability-to-asset ratio of 69.9%.