Hunan Tyen Machinery Co.,Ltd.’s Net Profit Rose 1575.9% in First Three Quarters of 2023

Hunan Tyen Machinery Co.,Ltd. (湖南天雁机械股份有限公司) (600698.SH) reported a net profit of 4.3 million yuan in the first three quarters of 2023, up 1575.9% year-on-year.

Meanwhile, the company posted 358.7 million yuan in revenue, up 44.8% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 443.3 million yuan in total liabilities, with a liability-to-asset ratio of 36.7%.