Tongwei Co.,Ltd.’s Net Profit Rose 20% in First Half of 2023

Tongwei Co.,Ltd. (通威股份有限公司) (600438.SH) reported a net profit of 17.1 billion yuan in the first half of 2023, up 20% year-on-year.

Meanwhile, the company posted 74.1 billion yuan in revenue, up 22.8% year-on-year.

At the end of the reporting period, it had 153.8 billion yuan in total assets and 81.8 billion yuan in total liabilities, with a liability-to-asset ratio of 53.2%.