Apr 01, 2023 08:00 AM

Chongqing Taiji Industry(Group) Co.,Ltd. Posted 339.4 Million Yuan Net Profit in 2022

By Caixin Automation

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 339.4 million yuan in 2022, reversing a net loss of 577.2 million yuan for the previous year.

Meanwhile, the company posted 14.1 billion yuan in revenue, up 15.6% year-on-year.

At the end of the reporting period, it had 14.7 billion yuan in total assets and 11.8 billion yuan in total liabilities, with a liability-to-asset ratio of 80.1%.

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