Guangdong Huate Gas Co.,Ltd.’s Net Profit Rose 3.6% in First Quarter of 2023

Guangdong Huate Gas Co.,Ltd. (广东华特气体股份有限公司) (688268.SH) reported a net profit of 40.4 million yuan in the first quarter of 2023, up 3.6% year-on-year.

Meanwhile, the company posted 358.9 million yuan in revenue, down 6.4% year-on-year.

At the end of the reporting period, it had 3.1 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 42.4%.