Shenzhen Tagen Group Co.,Ltd.’s Net Profit Dropped 27.3% in First Half of 2023

Shenzhen Tagen Group Co.,Ltd. (深圳市天健(集团)股份有限公司) (000090.SZ) reported a net profit of 934 million yuan in the first half of 2023, down 27.3% year-on-year.

Meanwhile, the company posted 12.8 billion yuan in revenue, up 54.6% year-on-year.

At the end of the reporting period, it had 67.1 billion yuan in total assets and 52.6 billion yuan in total liabilities, with a liability-to-asset ratio of 78.4%.