China Nuclear Engineering Corporation Limited’s Net Profit Rose 17% in First Quarter of 2023

China Nuclear Engineering Corporation Limited (中国核工业建设股份有限公司) (601611.SH) reported a net profit of 699.9 million yuan in the first quarter of 2023, up 17% year-on-year.

Meanwhile, the company posted 28.9 billion yuan in revenue, up 10.1% year-on-year.

At the end of the reporting period, it had 205.2 billion yuan in total assets and 169.2 billion yuan in total liabilities, with a liability-to-asset ratio of 82.5%.