Guizhou Gas Group Corporation.,Ltd. Posted 114.7 Million Yuan Net Profit in First Quarter of 2023

Guizhou Gas Group Corporation.,Ltd. (贵州燃气集团股份有限公司) (600903.SH) reported a net profit of 114.7 million yuan in the first quarter of 2023, reversing a net loss of 69 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.9 billion yuan in revenue, up 6.2% year-on-year.

At the end of the reporting period, it had 10.5 billion yuan in total assets and 6.6 billion yuan in total liabilities, with a liability-to-asset ratio of 63.4%.