Jiangsu Transportation Research Institute Co.,Ltd.’s Net Profit Dropped 24.4% in First Three Quarters of 2023

Jiangsu Transportation Research Institute Co.,Ltd. (苏交科集团股份有限公司) (300284.SZ) reported a net profit of 216 million yuan in the first three quarters of 2023, down 24.4% year-on-year.

Meanwhile, the company posted 3.1 billion yuan in revenue, down 3% year-on-year.

At the end of the reporting period, it had 15.8 billion yuan in total assets and 7.1 billion yuan in total liabilities, with a liability-to-asset ratio of 45.3%.