Changsha Tongcheng Holdings Co.,Ltd.’s Net Profit Dropped 15.5% in First Half of 2023

Changsha Tongcheng Holdings Co.,Ltd. (长沙通程控股股份有限公司) (000419.SZ) reported a net profit of 116.7 million yuan in the first half of 2023, down 15.5% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, up 2.5% year-on-year.

At the end of the reporting period, it had 5.5 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 35.4%.