Zhejiang Taihua New Material Co.,Ltd.’s Net Profit Rose 10.1% in First Three Quarters of 2023

Zhejiang Taihua New Material Co.,Ltd. (浙江台华新材料股份有限公司) (603055.SH) reported a net profit of 326.7 million yuan in the first three quarters of 2023, up 10.1% year-on-year.

Meanwhile, the company posted 3.5 billion yuan in revenue, up 16.8% year-on-year.

At the end of the reporting period, it had 9.8 billion yuan in total assets and 5.5 billion yuan in total liabilities, with a liability-to-asset ratio of 55.8%.