Nanjing Chixia Development Co.,Ltd.’s Net Profit Dropped 35.9% in First Half of 2022

Nanjing Chixia Development Co.,Ltd. (南京栖霞建设股份有限公司) (600533.SH) reported a net profit of 211.7 million yuan in the first half of 2022, down 35.9% year-on-year.

Meanwhile, the company posted 2.4 billion yuan in revenue, down 5.1% year-on-year.

At the end of the reporting period, it had 24.5 billion yuan in total assets and 19.9 billion yuan in total liabilities, with a liability-to-asset ratio of 81.2%.