Chongqing Sanfeng Environment Group Co.,Ltd.’s Net Profit Rose 17.3% in First Quarter of 2023

Chongqing Sanfeng Environment Group Co.,Ltd. (重庆三峰环境集团股份有限公司) (601827.SH) reported a net profit of 370.6 million yuan in the first quarter of 2023, up 17.3% year-on-year.

Meanwhile, the company posted 1.5 billion yuan in revenue, up 0.1% year-on-year.

At the end of the reporting period, it had 24.2 billion yuan in total assets and 13.6 billion yuan in total liabilities, with a liability-to-asset ratio of 56%.