Tungkong Inc.’s Net Profit Rose 12.5% in First Half of 2023

Tungkong Inc. (东港股份有限公司) (002117.SZ) reported a net profit of 88.4 million yuan in the first half of 2023, up 12.5% year-on-year.

Meanwhile, the company posted 558.4 million yuan in revenue, up 11% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 587.7 million yuan in total liabilities, with a liability-to-asset ratio of 28.3%.