Shanghai Lujiazui Finance&Trade Zone Development Co.,Ltd.’s Net Profit Dropped 32.6% in First Half of 2023

Shanghai Lujiazui Finance&Trade Zone Development Co.,Ltd. (上海陆家嘴金融贸易区开发股份有限公司) (600663.SH) reported a net profit of 1 billion yuan in the first half of 2023, down 32.6% year-on-year.

Meanwhile, the company posted 4 billion yuan in revenue, down 22.4% year-on-year.

At the end of the reporting period, it had 131.7 billion yuan in total assets and 93.6 billion yuan in total liabilities, with a liability-to-asset ratio of 71.1%.