Guangxi Bossco Environmental Protection Technology Co.,Ltd. Posted 1.7 Million Yuan Net Profit in First Quarter of 2023

Guangxi Bossco Environmental Protection Technology Co.,Ltd. (广西博世科环保科技股份有限公司) (300422.SZ) reported a net profit of 1.7 million yuan in the first quarter of 2023, reversing a net loss of 97.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 408.2 million yuan in revenue, up 58.7% year-on-year.

At the end of the reporting period, it had 11.8 billion yuan in total assets and 9.3 billion yuan in total liabilities, with a liability-to-asset ratio of 78.9%.