Chengdu Xingrong Environmental Co.,Ltd.’s Net Profit Rose 8.7% in First Quarter of 2023

Chengdu Xingrong Environmental Co.,Ltd. (成都市兴蓉环境股份有限公司) (000598.SZ) reported a net profit of 388.7 million yuan in the first quarter of 2023, up 8.7% year-on-year.

Meanwhile, the company posted 1.6 billion yuan in revenue, up 9.7% year-on-year.

At the end of the reporting period, it had 38.9 billion yuan in total assets and 22.7 billion yuan in total liabilities, with a liability-to-asset ratio of 58.5%.