Tcl Zhonghuan Renewable Energy Technology Co.,Ltd.’s Net Profit Rose 19.9% in First Three Quarters of 2023

Tcl Zhonghuan Renewable Energy Technology Co.,Ltd. (TCL中环新能源科技股份有限公司) (002129.SZ) reported a net profit of 6.6 billion yuan in the first three quarters of 2023, up 19.9% year-on-year.

Meanwhile, the company posted 48.7 billion yuan in revenue, down 2.4% year-on-year.

At the end of the reporting period, it had 127.2 billion yuan in total assets and 64.7 billion yuan in total liabilities, with a liability-to-asset ratio of 50.9%.