Cec Environmental Protection Co.,Ltd.’s Net Profit Rose 25.4% in First Quarter of 2023

Cec Environmental Protection Co.,Ltd. (中电环保股份有限公司) (300172.SZ) reported a net profit of 28.3 million yuan in the first quarter of 2023, up 25.4% year-on-year.

Meanwhile, the company posted 264.4 million yuan in revenue, down 10.3% year-on-year.

At the end of the reporting period, it had 2.9 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 36.2%.