Qingdao Sentury Tire Co.,Ltd.’s Net Profit Rose 26.9% in First Half of 2023

Qingdao Sentury Tire Co.,Ltd. (青岛森麒麟轮胎股份有限公司) (002984.SZ) reported a net profit of 606.2 million yuan in the first half of 2023, up 26.9% year-on-year.

Meanwhile, the company posted 3.5 billion yuan in revenue, up 12% year-on-year.

At the end of the reporting period, it had 11.9 billion yuan in total assets and 3.5 billion yuan in total liabilities, with a liability-to-asset ratio of 29.9%.