Jiangsu Tongli Risheng Machinery Co.,Ltd.’s Net Profit Rose 34.2% in First Half of 2023

Jiangsu Tongli Risheng Machinery Co.,Ltd. (江苏同力日升机械股份有限公司) (605286.SH) reported a net profit of 67 million yuan in the first half of 2023, up 34.2% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, up 3.3% year-on-year.

At the end of the reporting period, it had 3.1 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 36.9%.