Nanjing Chixia Development Co.,Ltd.’s Net Profit Dropped 38.6% in First Three Quarters 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 211.9 million yuan in the first three quarters of 2022, down 38.6% year-on-year.

Meanwhile, the company posted 3.6 billion yuan in revenue, up 23.4% year-on-year.

At the end of the reporting period, it had 24.1 billion yuan in total assets and 19.4 billion yuan in total liabilities, with a liability-to-asset ratio of 80.6%.