Tianyue Advanced released its 2024 semi-annual report, with both revenue and profit increasing significantly

Tianyue Advanced, a leading company in silicon carbide substrates, released its 2024 semi-annual report on the evening of August 22. The report shows that the company achieved operating income of 912 million yuan in the first half of 2024, a year-on-year increase of 108.27%; and achieved a net profit attributable to the parent of 102 million yuan, turning losses into profits year-on-year.