Beijing Tieke Shougang Railway-Tech Co.,Ltd.’s Net Profit Rose 213.2% in First Quarter of 2023

Beijing Tieke Shougang Railway-Tech Co.,Ltd. (北京铁科首钢轨道技术股份有限公司) (688569.SH) reported a net profit of 161.2 million yuan in the first quarter of 2023, up 213.2% year-on-year.

Meanwhile, the company posted 572.6 million yuan in revenue, up 114.9% year-on-year.

At the end of the reporting period, it had 3.9 billion yuan in total assets and 864.6 million yuan in total liabilities, with a liability-to-asset ratio of 22.3%.