Tengda Construction Group Co.,Ltd.’s Net Profit Rose 126.5% in First Half of 2023

Tengda Construction Group Co.,Ltd. (腾达建设集团股份有限公司) (600512.SH) reported a net profit of 63.6 million yuan in the first half of 2023, up 126.5% year-on-year.

Meanwhile, the company posted 1.8 billion yuan in revenue, down 41.9% year-on-year.

At the end of the reporting period, it had 11.3 billion yuan in total assets and 5.2 billion yuan in total liabilities, with a liability-to-asset ratio of 46%.