Cinda Real Estate Co.,Ltd.’s Net Profit Dropped 3.1% in First Three Quarters of 2022

Cinda Real Estate Co.,Ltd. (信达地产股份有限公司) (600657.SH) reported a net profit of 479.3 million yuan in the first three quarters of 2022, down 3.1% year-on-year.

Meanwhile, the company posted 11.9 billion yuan in revenue, up 46.7% year-on-year.

At the end of the reporting period, it had 88.2 billion yuan in total assets and 63.2 billion yuan in total liabilities, with a liability-to-asset ratio of 71.7%.