China Railway Signal&Communication Corporation Limited’s Net Profit Rose 0.1% in First Three Quarters 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 3 billion yuan in the first three quarters of 2023, up 0.1% year-on-year.

Meanwhile, the company posted 24.6 billion yuan in revenue, down 8.4% year-on-year.

At the end of the reporting period, it had 117.3 billion yuan in total assets and 69 billion yuan in total liabilities, with a liability-to-asset ratio of 58.8%.