Chongqing Taiji Industry(Group) Co.,Ltd.’s Net Profit Rose 70.5% in First Half of 2022

Chongqing Taiji Industry(Group) Co.,Ltd. (重庆太极实业(集团)股份有限公司) (600129.SH) reported a net profit of 122.1 million yuan in the first half of 2022, up 70.5% year-on-year.

Meanwhile, the company posted 7.2 billion yuan in revenue, up 11.5% year-on-year.

At the end of the reporting period, it had 13.8 billion yuan in total assets and 11.1 billion yuan in total liabilities, with a liability-to-asset ratio of 80.3%.