Traffic Control Technology Co.,Ltd.’s Net Profit Dropped 56.6% in First Three Quarters of 2023

Traffic Control Technology Co.,Ltd. (交控科技股份有限公司) (688015.SH) reported a net profit of 61.2 million yuan in the first three quarters of 2023, down 56.6% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, down 18.4% year-on-year.

At the end of the reporting period, it had 5.5 billion yuan in total assets and 2.9 billion yuan in total liabilities, with a liability-to-asset ratio of 53.1%.