Nanfang Zhongjin Environment Co.,Ltd.’s Net Profit Dropped 21.4% in First Quarter of 2023

Nanfang Zhongjin Environment Co.,Ltd. (南方中金环境股份有限公司) (300145.SZ) reported a net profit of 44.8 million yuan in the first quarter of 2023, down 21.4% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, up 3.6% year-on-year.

At the end of the reporting period, it had 8.2 billion yuan in total assets and 5.8 billion yuan in total liabilities, with a liability-to-asset ratio of 71.2%.