Infore Environment Technology Group Co.,Ltd.’s Net Profit Rose 10% in First Quarter of 2023

Infore Environment Technology Group Co.,Ltd. (盈峰环境科技集团股份有限公司) (000967.SZ) reported a net profit of 170.2 million yuan in the first quarter of 2023, up 10% year-on-year.

Meanwhile, the company posted 2.7 billion yuan in revenue, down 5.4% year-on-year.

At the end of the reporting period, it had 28.8 billion yuan in total assets and 10.9 billion yuan in total liabilities, with a liability-to-asset ratio of 37.8%.