Cts International Logistics Corporation Limited’s Net Profit Rose 35% in First Quarter of 2022

Cts International Logistics Corporation Limited (港中旅华贸国际物流股份有限公司) (603128.SH) reported a net profit of 264.6 million yuan in the first quarter of 2022, up 35% year-on-year.

Meanwhile, the company posted 6.3 billion yuan in revenue, up 40.3% year-on-year.

At the end of the reporting period, it had 10.3 billion yuan in total assets and 4.6 billion yuan in total liabilities, with a liability-to-asset ratio of 44.9%.