Traffic Control Technology Co.,Ltd.’s Net Profit Dropped 12.9% in 2022

Traffic Control Technology Co.,Ltd. (交控科技股份有限公司) (688015.SH) reported a net profit of 258.7 million yuan in 2022, down 12.9% year-on-year.

Meanwhile, the company posted 2.5 billion yuan in revenue, down 4.4% year-on-year.

At the end of the reporting period, it had 5.6 billion yuan in total assets and 3.1 billion yuan in total liabilities, with a liability-to-asset ratio of 54.5%.