Beijing Originwater Technology Co.,Ltd.’s Net Profit Rose 91.9% in First Quarter of 2023

Beijing Originwater Technology Co.,Ltd. (北京碧水源科技股份有限公司) (300070.SZ) reported a net profit of 42.2 million yuan in the first quarter of 2023, up 91.9% year-on-year.

Meanwhile, the company posted 1.7 billion yuan in revenue, down 4.8% year-on-year.

At the end of the reporting period, it had 73.6 billion yuan in total assets and 43.9 billion yuan in total liabilities, with a liability-to-asset ratio of 59.7%.