Tianjin Capital Environmental Protection Group Company Limited’s Net Profit Rose 5.2% in First Quarter of 2023

Tianjin Capital Environmental Protection Group Company Limited (天津创业环保集团股份有限公司) (600874.SH) reported a net profit of 212.2 million yuan in the first quarter of 2023, up 5.2% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, down 8.9% year-on-year.

At the end of the reporting period, it had 23.7 billion yuan in total assets and 13.9 billion yuan in total liabilities, with a liability-to-asset ratio of 58.8%.