Jiangsu Tongxingbao Intelligent Transportation Technology Co.,Ltd.’s Net Profit Rose 43.3% in First Half 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 99.8 million yuan in the first half of 2023, up 43.3% year-on-year.

Meanwhile, the company posted 277.8 million yuan in revenue, up 27.6% 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%.