Guangdong Tianan New Material Co.,Ltd.’s Net Profit Rose 191.3% in First Half of 2023

Guangdong Tianan New Material Co.,Ltd. (广东天安新材料股份有限公司) (603725.SH) reported a net profit of 49.5 million yuan in the first half of 2023, up 191.3% year-on-year.

Meanwhile, the company posted 1.4 billion yuan in revenue, up 10.4% year-on-year.

At the end of the reporting period, it had 2.9 billion yuan in total assets and 2.1 billion yuan in total liabilities, with a liability-to-asset ratio of 74.2%.