Bichamp Cutting Technology(Hunan) Co.,Ltd.’s Net Profit Rose 41.9% in First Half of 2023

Bichamp Cutting Technology(Hunan) Co.,Ltd. (湖南泰嘉新材料科技股份有限公司) (002843.SZ) reported a net profit of 59.1 million yuan in the first half of 2023, up 41.9% year-on-year.

Meanwhile, the company posted 945.3 million yuan in revenue, up 227.9% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 59.4%.