May 06, 2022 08:00 AM

Zhejiang Weiming Environment Protection Co.,Ltd.’s Net Profit Rose 25.7% in First Quarter of 2022

By Caixin Automation

Zhejiang Weiming Environment Protection Co.,Ltd. (浙江伟明环保股份有限公司) (603568.SH) reported a net profit of 461.9 million yuan in the first quarter of 2022, up 25.7% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, up 37.7% year-on-year.

At the end of the reporting period, it had 17.4 billion yuan in total assets and 8 billion yuan in total liabilities, with a liability-to-asset ratio of 46.2%.

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