Jiangsu Jiangnan Water Co.,Ltd.’s Net Profit Rose 28.2% in First Quarter of 2023

Jiangsu Jiangnan Water Co.,Ltd. (江苏江南水务股份有限公司) (601199.SH) reported a net profit of 73.6 million yuan in the first quarter of 2023, up 28.2% year-on-year.

Meanwhile, the company posted 293.7 million yuan in revenue, up 9% year-on-year.

At the end of the reporting period, it had 5.8 billion yuan in total assets and 2.2 billion yuan in total liabilities, with a liability-to-asset ratio of 38.3%.