Tianjin Quan Ye Chang(Group) Co.,Ltd.’s Net Profit Rose 36.7% in First Half of 2023

Tianjin Quan Ye Chang(Group) Co.,Ltd. (金开新能源股份有限公司) (600821.SH) reported a net profit of 551.7 million yuan in the first half of 2023, up 36.7% year-on-year.

Meanwhile, the company posted 1.7 billion yuan in revenue, up 10.7% year-on-year.

At the end of the reporting period, it had 33.3 billion yuan in total assets and 24 billion yuan in total liabilities, with a liability-to-asset ratio of 72%.