Cinda Real Estate Co.,Ltd.’s Net Profit Dropped 63.1% in First Three Quarters of 2021

Cinda Real Estate Co.,Ltd. (信达地产股份有限公司) (600657.SH) reported a net profit of 494.9 million yuan in the first three quarters of 2021, down 63.1% year-on-year.

Meanwhile, the company posted 8.1 billion yuan in revenue, down 33.8% year-on-year.

At the end of the reporting period, it had 98.7 billion yuan in total assets and 74.1 billion yuan in total liabilities, with a liability-to-asset ratio of 75.1%.

This article was automatically produced by Caixin Automation on Nov. 3, 2021.

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