Tianjin Teda Co.,Ltd.’s Net Profit Dropped 77.1% in First Three Quarters of 2023

Tianjin Teda Co.,Ltd. (天津泰达股份有限公司) (000652.SZ) reported a net profit of 23 million yuan in the first three quarters of 2023, down 77.1% year-on-year.

Meanwhile, the company posted 13.1 billion yuan in revenue, down 8.8% year-on-year.

At the end of the reporting period, it had 41.7 billion yuan in total assets and 35.1 billion yuan in total liabilities, with a liability-to-asset ratio of 84.2%.