Tayho Advanced Materials Group Co.,Ltd.’s Net Profit Dropped 5.8% in First Three Quarters of 2023

Tayho Advanced Materials Group Co.,Ltd. (泰和新材集团股份有限公司) (002254.SZ) reported a net profit of 325.2 million yuan in the first three quarters of 2023, down 5.8% year-on-year.

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

At the end of the reporting period, it had 13.7 billion yuan in total assets and 5.7 billion yuan in total liabilities, with a liability-to-asset ratio of 41.4%.