Fujian Haixia Environmental Protection Group Co.,Ltd.’s Net Profit Dropped 2.6% in First Quarter of 2023

Fujian Haixia Environmental Protection Group Co.,Ltd. (福建海峡环保集团股份有限公司) (603817.SH) reported a net profit of 37.4 million yuan in the first quarter of 2023, down 2.6% year-on-year.

Meanwhile, the company posted 255.6 million yuan in revenue, up 1.2% year-on-year.

At the end of the reporting period, it had 5.9 billion yuan in total assets and 3 billion yuan in total liabilities, with a liability-to-asset ratio of 51.7%.