Jiangsu Transportation Research Institute Co.,Ltd.’s Net Profit Rose 10.6% in First Quarter of 2023

Jiangsu Transportation Research Institute Co.,Ltd. (苏交科集团股份有限公司) (300284.SZ) reported a net profit of 42.9 million yuan in the first quarter of 2023, up 10.6% year-on-year.

Meanwhile, the company posted 879.2 million yuan in revenue, up 0.8% year-on-year.

At the end of the reporting period, it had 15.1 billion yuan in total assets and 6.5 billion yuan in total liabilities, with a liability-to-asset ratio of 42.9%.