Tianjin Teda Co.,Ltd.’s Net Profit Rose 28.5% in First Half of 2022

Tianjin Teda Co.,Ltd. (天津泰达股份有限公司) (000652.SZ) reported a net profit of 42.5 million yuan in the first half of 2022, up 28.5% year-on-year.

Meanwhile, the company posted 5.7 billion yuan in revenue, down 4.5% year-on-year.

At the end of the reporting period, it had 38.4 billion yuan in total assets and 31.9 billion yuan in total liabilities, with a liability-to-asset ratio of 83.2%.