Taiyuan Heavy Industry Co.,Ltd.’s Net Profit Dropped 8.1% in First Half of 2023

Taiyuan Heavy Industry Co.,Ltd. (太原重工股份有限公司) (600169.SH) reported a net profit of 71.5 million yuan in the first half of 2023, down 8.1% year-on-year.

Meanwhile, the company posted 4.1 billion yuan in revenue, up 1.1% year-on-year.

At the end of the reporting period, it had 32.3 billion yuan in total assets and 25.8 billion yuan in total liabilities, with a liability-to-asset ratio of 80%.