Chongqing Construction Engineering Group Corporation Limited’s Net Profit Dropped 21% in First Three Quarters of 2022

Chongqing Construction Engineering Group Corporation Limited (重庆建工集团股份有限公司) (600939.SH) reported a net profit of 285.7 million yuan in the first three quarters of 2022, down 21% year-on-year.

Meanwhile, the company posted 39.7 billion yuan in revenue, down 8.4% year-on-year.

At the end of the reporting period, it had 80.9 billion yuan in total assets and 70.8 billion yuan in total liabilities, with a liability-to-asset ratio of 87.6%.