Traffic Control Technology Co.,Ltd.’s Net Profit Dropped 47.8% in First Half of 2023

Traffic Control Technology Co.,Ltd. (交控科技股份有限公司) (688015.SH) reported a net profit of 43.4 million yuan in the first half of 2023, down 47.8% year-on-year.

Meanwhile, the company posted 754.6 million yuan in revenue, down 19.3% year-on-year.

At the end of the reporting period, it had 5.4 billion yuan in total assets and 2.9 billion yuan in total liabilities, with a liability-to-asset ratio of 53.2%.