Traffic Control Technology Co.,Ltd.’s Net Profit Dropped 20.7% in First Half of 2022

Traffic Control Technology Co.,Ltd. (交控科技股份有限公司) (688015.SH) reported a net profit of 83.2 million yuan in the first half of 2022, down 20.7% year-on-year.

Meanwhile, the company posted 935.6 million yuan in revenue, down 10.4% year-on-year.

At the end of the reporting period, it had 4.9 billion yuan in total assets and 2.6 billion yuan in total liabilities, with a liability-to-asset ratio of 51.7%.