China West Construction Group Co.,Ltd.’s Net Profit Dropped 59.5% in First Half of 2023

China West Construction Group Co.,Ltd. (中建西部建设股份有限公司) (002302.SZ) reported a net profit of 187.6 million yuan in the first half of 2023, down 59.5% year-on-year.

Meanwhile, the company posted 10.8 billion yuan in revenue, down 8.9% year-on-year.

At the end of the reporting period, it had 35.5 billion yuan in total assets and 24.9 billion yuan in total liabilities, with a liability-to-asset ratio of 70.4%.