Cts International Logistics Corporation Limited’s Net Profit Dropped 20.8% in First Three Quarters 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 600.1 million yuan in the first three quarters of 2023, down 20.8% year-on-year.

Meanwhile, the company posted 10.4 billion yuan in revenue, down 42% year-on-year.

At the end of the reporting period, it had 9.1 billion yuan in total assets and 3 billion yuan in total liabilities, with a liability-to-asset ratio of 33.2%.