Henan Tong-Da Cable Co.,Ltd.’s Net Profit Rose 183% in First Half of 2023

Henan Tong-Da Cable Co.,Ltd. (河南通达电缆股份有限公司) (002560.SZ) reported a net profit of 98.2 million yuan in the first half of 2023, up 183% year-on-year.

Meanwhile, the company posted 2.6 billion yuan in revenue, up 0.8% year-on-year.

At the end of the reporting period, it had 5.1 billion yuan in total assets and 2.5 billion yuan in total liabilities, with a liability-to-asset ratio of 48.6%.