Henan Bccy Environmental Energy Co.,Ltd.’s Net Profit Dropped 61.3% in First Quarter of 2023

Henan Bccy Environmental Energy Co.,Ltd. (河南百川畅银环保能源股份有限公司) (300614.SZ) reported a net profit of 10.6 million yuan in the first quarter of 2023, down 61.3% year-on-year.

Meanwhile, the company posted 96.5 million yuan in revenue, down 17.4% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 608.6 million yuan in total liabilities, with a liability-to-asset ratio of 26.5%.