Ningbo Tuopu Group Co.,Ltd.’s Net Profit Rose 53.4% in First Half of 2023

Ningbo Tuopu Group Co.,Ltd. (宁波拓普集团股份有限公司) (601689.SH) reported a net profit of 1.1 billion yuan in the first half of 2023, up 53.4% year-on-year.

Meanwhile, the company posted 9.2 billion yuan in revenue, up 34.8% year-on-year.

At the end of the reporting period, it had 28.4 billion yuan in total assets and 15.6 billion yuan in total liabilities, with a liability-to-asset ratio of 55%.