Grandblue Environment Company Limited’s Net Profit Rose 93.1% in First Quarter of 2023

Grandblue Environment Company Limited (瀚蓝环境股份有限公司) (600323.SH) reported a net profit of 320.5 million yuan in the first quarter of 2023, up 93.1% year-on-year.

Meanwhile, the company posted 2.8 billion yuan in revenue, up 2.8% year-on-year.

At the end of the reporting period, it had 34.2 billion yuan in total assets and 22.3 billion yuan in total liabilities, with a liability-to-asset ratio of 65.3%.