Hubei Chutian Smart Communication Co.,Ltd.’s Net Profit Rose 25.4% in First Three Quarters 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 823.7 million yuan in the first three quarters of 2023, up 25.4% year-on-year.

Meanwhile, the company posted 2.3 billion yuan in revenue, up 2.7% year-on-year.

At the end of the reporting period, it had 18.9 billion yuan in total assets and 9.7 billion yuan in total liabilities, with a liability-to-asset ratio of 51.6%.