Wuxi Taiji Industry Corporation Limited’s Net Profit Rose 246.8% in First Half of 2023

Wuxi Taiji Industry Corporation Limited (无锡市太极实业股份有限公司) (600667.SH) reported a net profit of 469.7 million yuan in the first half of 2023, up 246.8% year-on-year.

Meanwhile, the company posted 18.6 billion yuan in revenue, up 25.2% year-on-year.

At the end of the reporting period, it had 30.9 billion yuan in total assets and 22.6 billion yuan in total liabilities, with a liability-to-asset ratio of 73%.