Cts International Logistics Corporation Limited’s Net Profit Dropped 26% in First Half of 2023

Cts International Logistics Corporation Limited (港中旅华贸国际物流股份有限公司) (603128.SH) reported a net profit of 370.5 million yuan in the first half of 2023, down 26% year-on-year.

Meanwhile, the company posted 6.6 billion yuan in revenue, down 47.1% year-on-year.

At the end of the reporting period, it had 9.2 billion yuan in total assets and 3.3 billion yuan in total liabilities, with a liability-to-asset ratio of 35.5%.