City Development Environment Co.,Ltd.’s Net Profit Rose 3.8% in First Three Quarters of 2023

City Development Environment Co.,Ltd. (城发环境股份有限公司) (000885.SZ) reported a net profit of 1 billion yuan in the first three quarters of 2023, up 3.8% year-on-year.

Meanwhile, the company posted 4.8 billion yuan in revenue, up 13.6% year-on-year.

At the end of the reporting period, it had 28.1 billion yuan in total assets and 19.8 billion yuan in total liabilities, with a liability-to-asset ratio of 70.6%.