Chengdu Tangyuan Electric Co.,Ltd.’s Net Profit Rose 43.1% in First Half of 2023

Chengdu Tangyuan Electric Co.,Ltd. (成都唐源电气股份有限公司) (300789.SZ) reported a net profit of 45.4 million yuan in the first half of 2023, up 43.1% year-on-year.

Meanwhile, the company posted 261.7 million yuan in revenue, up 44.4% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 381.5 million yuan in total liabilities, with a liability-to-asset ratio of 28.7%.