China Tianying Inc.’s Net Profit Rose 177.9% in First Three Quarters of 2023

China Tianying Inc. (中国天楹股份有限公司) (000035.SZ) reported a net profit of 362.3 million yuan in the first three quarters of 2023, up 177.9% year-on-year.

Meanwhile, the company posted 3.8 billion yuan in revenue, down 2.9% year-on-year.

At the end of the reporting period, it had 27.6 billion yuan in total assets and 16.9 billion yuan in total liabilities, with a liability-to-asset ratio of 61.2%.