Tianrun Industry Technology Co.,Ltd.’s Net Profit Rose 12% in First Quarter of 2023

Tianrun Industry Technology Co.,Ltd. (天润工业技术股份有限公司) (002283.SZ) reported a net profit of 104.7 million yuan in the first quarter of 2023, up 12% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, up 5.9% year-on-year.

At the end of the reporting period, it had 8.1 billion yuan in total assets and 2.4 billion yuan in total liabilities, with a liability-to-asset ratio of 29.1%.