Yantai Tayho Advanced Materials Co.,Ltd.’s Net Profit Rose 304.9% in First Half of 2021

Yantai Tayho Advanced Materials Co.,Ltd. (烟台泰和新材料股份有限公司) (002254.SZ) reported a net profit of 522.9 million yuan in the first half of 2021, up 304.9% year-on-year.

Meanwhile, the company posted 2.1 billion yuan in revenue, up 95.2% year-on-year.

At the end of the reporting period, it had 7 billion yuan in total assets and 3.1 billion yuan in total liabilities, with a liability-to-asset ratio of 44.1%.

This article was automatically produced by Caixin Automation on Aug. 26, 2021.

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