Tederic Machinery Co.,Ltd.’s Net Profit Dropped 4.3% in First Half of 2023

Tederic Machinery Co.,Ltd. (泰瑞机器股份有限公司) (603289.SH) reported a net profit of 62.6 million yuan in the first half of 2023, down 4.3% year-on-year.

Meanwhile, the company posted 546.8 million yuan in revenue, down 3.7% year-on-year.

At the end of the reporting period, it had 2.2 billion yuan in total assets and 837 million yuan in total liabilities, with a liability-to-asset ratio of 37.9%.