Tianshui Zhongxing Bio-Technology Co.,Ltd. Posted 198.2 Million Yuan Net Profit in First Half of 2023

Tianshui Zhongxing Bio-Technology Co.,Ltd. (天水众兴菌业科技股份有限公司) (002772.SZ) reported a net profit of 198.2 million yuan in the first half of 2023, reversing a net loss of 20.3 million yuan for the same period in the previous year.

Meanwhile, the company posted 1 billion yuan in revenue, up 18.6% year-on-year.

At the end of the reporting period, it had 6.9 billion yuan in total assets and 3.4 billion yuan in total liabilities, with a liability-to-asset ratio of 49.7%.