Shanghai Industrial Environment (00807) announced first-quarter results, net profit attributable to shareholders of 126.3 million yuan, a decrease of 15.8% year-on-year

According to the Zhitong Finance App, Shanghai Industrial Environment (00807) announced the first quarter results for the three months ended March 31, 2024. The net profit attributable to shareholders during the period reached RMB 126.3 million, down 15.8% from the same period last year.

The Group's total revenue decreased by 15.1% from the same period last year to RMB 1,628.1 million, and gross profit decreased by 9.6% to RMB 6112 million compared to the same period last year.

As of March 31, 2024, the Group's cash and cash equivalents reached RMB 3.05 billion, which is at a healthy level.