Zhejiang Feida Environmental Science&Technology Co.,Ltd.’s Net Profit Rose 11.7% in First Quarter of 2023

Zhejiang Feida Environmental Science&Technology Co.,Ltd. (浙江菲达环保科技股份有限公司) (600526.SH) reported a net profit of 33 million yuan in the first quarter of 2023, up 11.7% year-on-year.

Meanwhile, the company posted 625.4 million yuan in revenue, down 6.8% year-on-year.

At the end of the reporting period, it had 9.5 billion yuan in total assets and 5.4 billion yuan in total liabilities, with a liability-to-asset ratio of 56.9%.