Hunan Tyen Machinery Co.,Ltd.’s Net Profit Rose 798.6% in First Half of 2023

Hunan Tyen Machinery Co.,Ltd. (湖南天雁机械股份有限公司) (600698.SH) reported a net profit of 1.1 million yuan in the first half of 2023, up 798.6% year-on-year.

Meanwhile, the company posted 230.4 million yuan in revenue, up 43.2% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 416.1 million yuan in total liabilities, with a liability-to-asset ratio of 35.3%.