Tianyu Eco-Environment Co.,Ltd.’s Net Profit Rose 374.2% in First Quarter of 2022

Tianyu Eco-Environment Co.,Ltd. (天域生态环境股份有限公司) (603717.SH) reported a net profit of 20.8 million yuan in the first quarter of 2022, up 374.2% year-on-year.

Meanwhile, the company posted 123.5 million yuan in revenue, down 10.8% year-on-year.

At the end of the reporting period, it had 3.6 billion yuan in total assets and 2 billion yuan in total liabilities, with a liability-to-asset ratio of 55%.