China Railway Signal&Communication Corporation Limited’s Net Profit Rose 11% in 2022

China Railway Signal&Communication Corporation Limited (中国铁路通信信号股份有限公司) (688009.SH) reported a net profit of 4.1 billion yuan in 2022, up 11% year-on-year.

Meanwhile, the company posted 40.2 billion yuan in revenue, up 4.9% year-on-year.

At the end of the reporting period, it had 116.8 billion yuan in total assets and 69.5 billion yuan in total liabilities, with a liability-to-asset ratio of 59.5%.