China Suntien Green Energy Corporation Limited’s Net Profit Dropped 15.3% in First Half of 2023

China Suntien Green Energy Corporation Limited (新天绿色能源股份有限公司) (600956.SH) reported a net profit of 1.7 billion yuan in the first half of 2023, down 15.3% year-on-year.

Meanwhile, the company posted 10 billion yuan in revenue, down 1.7% year-on-year.

At the end of the reporting period, it had 77.2 billion yuan in total assets and 51.5 billion yuan in total liabilities, with a liability-to-asset ratio of 66.7%.