China Transinfo Technology Co.,Ltd. Posted 282.3 Million Yuan Net Profit in First Half of 2023

China Transinfo Technology Co.,Ltd. (北京千方科技股份有限公司) (002373.SZ) reported a net profit of 282.3 million yuan in the first half of 2023, reversing a net loss of 92.8 million yuan for the same period in the previous year.

Meanwhile, the company posted 3.4 billion yuan in revenue, up 7.7% year-on-year.

At the end of the reporting period, it had 18.8 billion yuan in total assets and 6 billion yuan in total liabilities, with a liability-to-asset ratio of 31.8%.