China Merchants Shekou Industrial Zone Holdings Co.,Ltd.’s Net Profit Dropped 27.3% in First Three Quarters of 2022

China Merchants Shekou Industrial Zone Holdings Co.,Ltd. (招商局蛇口工业区控股股份有限公司) (001979.SZ) reported a net profit of 6.3 billion yuan in the first three quarters of 2022, down 27.3% year-on-year.

Meanwhile, the company posted 89.5 billion yuan in revenue, up 9.5% year-on-year.

At the end of the reporting period, it had 923.5 billion yuan in total assets and 651.2 billion yuan in total liabilities, with a liability-to-asset ratio of 70.5%.