Changzhou Tenglong Auto Parts Co.,Ltd.’s Net Profit Rose 33.9% in First Half of 2023

Changzhou Tenglong Auto Parts Co.,Ltd. (常州腾龙汽车零部件股份有限公司) (603158.SH) reported a net profit of 93.9 million yuan in the first half of 2023, up 33.9% year-on-year.

Meanwhile, the company posted 1.5 billion yuan in revenue, up 31.9% year-on-year.

At the end of the reporting period, it had 4.1 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 46.9%.