Tianjin Keyvia Electric Co.,Ltd. Posted 32.1 Million Yuan Net Profit in First Half of 2023

Tianjin Keyvia Electric Co.,Ltd. (天津凯发电气股份有限公司) (300407.SZ) reported a net profit of 32.1 million yuan in the first half of 2023, reversing a net loss of 12.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 767.8 million yuan in revenue, up 12.9% year-on-year.

At the end of the reporting period, it had 2.9 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 44.1%.