Hubei Shuanghuan Science And Technologystock Co.,Ltd.’s Net Profit Rose 17% in First Quarter of 2023

Hubei Shuanghuan Science And Technologystock Co.,Ltd. (湖北双环科技股份有限公司) (000707.SZ) reported a net profit of 225.1 million yuan in the first quarter of 2023, up 17% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, up 9.4% year-on-year.

At the end of the reporting period, it had 2.9 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 42.3%.