Shandong Taihe Technologies Co.,Ltd.’s Net Profit Dropped 75% in First Half of 2023

Shandong Taihe Technologies Co.,Ltd. (山东泰和科技股份有限公司) (300801.SZ) reported a net profit of 60.3 million yuan in the first half of 2023, down 75% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, down 26.2% year-on-year.

At the end of the reporting period, it had 2.7 billion yuan in total assets and 410.6 million yuan in total liabilities, with a liability-to-asset ratio of 15.2%.