Chongqing Taiji Industry(Group) Co.,Ltd.’s Net Profit Rose 352.9% in First Half of 2023

Chongqing Taiji Industry(Group) Co.,Ltd. (重庆太极实业(集团)股份有限公司) (600129.SH) reported a net profit of 570.8 million yuan in the first half of 2023, up 352.9% year-on-year.

Meanwhile, the company posted 9.1 billion yuan in revenue, up 24.8% year-on-year.

At the end of the reporting period, it had 14.6 billion yuan in total assets and 11.1 billion yuan in total liabilities, with a liability-to-asset ratio of 76.1%.