Sinocat Environmental Technology Co.,Ltd. Posted 32.9 Million Yuan Net Profit in First Three Quarters of 2023

Sinocat Environmental Technology Co.,Ltd. (中自环保科技股份有限公司) (688737.SH) reported a net profit of 32.9 million yuan in the first three quarters of 2023, reversing a net loss of 53.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.1 billion yuan in revenue, up 261.8% year-on-year.

At the end of the reporting period, it had 2.5 billion yuan in total assets and 614.6 million yuan in total liabilities, with a liability-to-asset ratio of 24.6%.