Hubei Chutian Smart Communication Co.,Ltd.’s Net Profit Rose 30.8% in First Half of 2023

Hubei Chutian Smart Communication Co.,Ltd. (湖北楚天智能交通股份有限公司) (600035.SH) reported a net profit of 599.9 million yuan in the first half of 2023, up 30.8% year-on-year.

Meanwhile, the company posted 1.5 billion yuan in revenue, up 3.6% year-on-year.

At the end of the reporting period, it had 18.8 billion yuan in total assets and 10 billion yuan in total liabilities, with a liability-to-asset ratio of 53.2%.