Infore Environment Technology Group Co.,Ltd.’s Net Profit Dropped 6.1% in First Quarter of 2022

Infore Environment Technology Group Co.,Ltd. (盈峰环境科技集团股份有限公司) (000967.SZ) reported a net profit of 154.8 million yuan in the first quarter of 2022, down 6.1% year-on-year.

Meanwhile, the company posted 2.8 billion yuan in revenue, up 3.1% year-on-year.

At the end of the reporting period, it had 29 billion yuan in total assets and 11.6 billion yuan in total liabilities, with a liability-to-asset ratio of 39.9%.