Zhejiang Weiming Environment Protection Co.,Ltd.’s Net Profit Rose 10.9% in First Quarter of 2023

Zhejiang Weiming Environment Protection Co.,Ltd. (浙江伟明环保股份有限公司) (603568.SH) reported a net profit of 512.3 million yuan in the first quarter of 2023, up 10.9% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, up 28.3% year-on-year.

At the end of the reporting period, it had 21 billion yuan in total assets and 10 billion yuan in total liabilities, with a liability-to-asset ratio of 47.5%.