Beijing Geoenviron Engineering&Technology,Inc.’s Net Profit Rose 29.3% in First Quarter of 2023

Beijing Geoenviron Engineering&Technology,Inc. (北京高能时代环境技术股份有限公司) (603588.SH) reported a net profit of 235.2 million yuan in the first quarter of 2023, up 29.3% year-on-year.

Meanwhile, the company posted 1.7 billion yuan in revenue, up 10.8% year-on-year.

At the end of the reporting period, it had 23.5 billion yuan in total assets and 13.7 billion yuan in total liabilities, with a liability-to-asset ratio of 58.3%.