Shanghai Shentong Metro Co.,Ltd.’s Net Profit Dropped 4.1% in First Half of 2023

Shanghai Shentong Metro Co.,Ltd. (上海申通地铁股份有限公司) (600834.SH) reported a net profit of 35.8 million yuan in the first half of 2023, down 4.1% year-on-year.

Meanwhile, the company posted 167.1 million yuan in revenue, up 6.8% year-on-year.

At the end of the reporting period, it had 2.8 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 39.4%.