Dehua Tb New Decoration Material Co.,Ltd.’s Net Profit Rose 7.2% in First Half of 2023

Dehua Tb New Decoration Material Co.,Ltd. (德华兔宝宝装饰新材股份有限公司) (002043.SZ) reported a net profit of 295.4 million yuan in the first half of 2023, up 7.2% year-on-year.

Meanwhile, the company posted 3.3 billion yuan in revenue, down 12.6% year-on-year.

At the end of the reporting period, it had 5.5 billion yuan in total assets and 2.6 billion yuan in total liabilities, with a liability-to-asset ratio of 46.8%.