Top Resource Conservation&Environment Corp.’s Net Profit Rose 58.6% in First Quarter of 2023

Top Resource Conservation&Environment Corp. (天壕环境股份有限公司) (300332.SZ) reported a net profit of 207.7 million yuan in the first quarter of 2023, up 58.6% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, up 52.7% year-on-year.

At the end of the reporting period, it had 9.3 billion yuan in total assets and 4.9 billion yuan in total liabilities, with a liability-to-asset ratio of 52.7%.