Fujian Longking Co.,Ltd.’s Net Profit Rose 2.6% in First Quarter of 2023

Fujian Longking Co.,Ltd. (福建龙净环保股份有限公司) (600388.SH) reported a net profit of 182 million yuan in the first quarter of 2023, up 2.6% year-on-year.

Meanwhile, the company posted 2.4 billion yuan in revenue, up 24.4% year-on-year.

At the end of the reporting period, it had 25.8 billion yuan in total assets and 17.9 billion yuan in total liabilities, with a liability-to-asset ratio of 69.5%.