China Railway Signal&Communication Corporation Limited’s Net Profit Dropped 3.8% in First Half of 2023

China Railway Signal&Communication Corporation Limited (中国铁路通信信号股份有限公司) (688009.SH) reported a net profit of 2.1 billion yuan in the first half of 2023, down 3.8% year-on-year.

Meanwhile, the company posted 16.6 billion yuan in revenue, down 9.3% year-on-year.

At the end of the reporting period, it had 118.7 billion yuan in total assets and 71.2 billion yuan in total liabilities, with a liability-to-asset ratio of 60%.