China Tianying Inc.’s Net Profit Rose 50.3% in First Half of 2023

China Tianying Inc. (中国天楹股份有限公司) (000035.SZ) reported a net profit of 182.5 million yuan in the first half of 2023, up 50.3% year-on-year.

Meanwhile, the company posted 2.4 billion yuan in revenue, down 4.7% year-on-year.

At the end of the reporting period, it had 27.8 billion yuan in total assets and 17 billion yuan in total liabilities, with a liability-to-asset ratio of 61%.