Tbea Co.,Ltd.’s Net Profit Rose 5.7% in First Half of 2023

Tbea Co.,Ltd. (特变电工股份有限公司) (600089.SH) reported a net profit of 10.4 billion yuan in the first half of 2023, up 5.7% year-on-year.

Meanwhile, the company posted 49.8 billion yuan in revenue, up 16.8% year-on-year.

At the end of the reporting period, it had 184.8 billion yuan in total assets and 99.4 billion yuan in total liabilities, with a liability-to-asset ratio of 53.8%.