Tayho New Material faces falling operating income and profit in Q1 2023

According to the first-quarter report released on the evening of April 28, 2023, the operating income of Tayho New Material was 1.012 billion yuan, down 4.1% from the same period of last year; the net profit attributed to the owner of the parent company in the first quarter of 2023 was 136 million yuan, down 7.05% year on year; and basic earnings per share was 0.16 yuan, down 23.81% on annual basis.

According to the data, the company is committed to the improvement of human living environment, the protection of life and health, the improvement of quality of life and the protection of national security, across spandex, meta-aramid, para-aramid and other industrial fields.