Tsinghua Tongfang Co.,Ltd. Posted 38.5 Million Yuan Net Profit in First Half of 2023

Tsinghua Tongfang Co.,Ltd. (同方股份有限公司) (600100.SH) reported a net profit of 38.5 million yuan in the first half of 2023, reversing a net loss of 502 million yuan for the same period in the previous year.

Meanwhile, the company posted 10.5 billion yuan in revenue, up 21.4% year-on-year.

At the end of the reporting period, it had 55.6 billion yuan in total assets and 35.4 billion yuan in total liabilities, with a liability-to-asset ratio of 63.6%.