Tianjin Capital Environmental Protection Group Company Limited’s Net Profit Rose 10.6% in First Half of 2023

Tianjin Capital Environmental Protection Group Company Limited (天津创业环保集团股份有限公司) (600874.SH) reported a net profit of 455 million yuan in the first half of 2023, up 10.6% year-on-year.

Meanwhile, the company posted 2.1 billion yuan in revenue, down 1% year-on-year.

At the end of the reporting period, it had 23.7 billion yuan in total assets and 14 billion yuan in total liabilities, with a liability-to-asset ratio of 58.8%.