Jiangsu Tongxingbao Intelligent Transportation Technology Co.,Ltd.’s Net Profit Rose 23% in First Quarter of 2023

Jiangsu Tongxingbao Intelligent Transportation Technology Co.,Ltd. (江苏通行宝智慧交通科技股份有限公司) (301339.SZ) reported a net profit of 39.6 million yuan in the first quarter of 2023, up 23% year-on-year.

Meanwhile, the company posted 133.3 million yuan in revenue, up 16.8% year-on-year.

At the end of the reporting period, it had 5.1 billion yuan in total assets and 2.6 billion yuan in total liabilities, with a liability-to-asset ratio of 50.1%.