Cinda Real Estate Co.,Ltd.’s Net Profit Dropped 21.1% in First Half of 2022

Cinda Real Estate Co.,Ltd. (信达地产股份有限公司) (600657.SH) reported a net profit of 328.2 million yuan in the first half of 2022, down 21.1% year-on-year.

Meanwhile, the company posted 7.8 billion yuan in revenue, up 60.5% year-on-year.

At the end of the reporting period, it had 84.4 billion yuan in total assets and 59.3 billion yuan in total liabilities, with a liability-to-asset ratio of 70.3%.