China Energy Engineering Corporation Limited’s Net Profit Rose 3.7% in First Quarter of 2023

China Energy Engineering Corporation Limited (中国能源建设股份有限公司) (601868.SH) reported a net profit of 1.8 billion yuan in the first quarter of 2023, up 3.7% year-on-year.

Meanwhile, the company posted 88.5 billion yuan in revenue, up 24.2% year-on-year.

At the end of the reporting period, it had 698.4 billion yuan in total assets and 526.1 billion yuan in total liabilities, with a liability-to-asset ratio of 75.3%.