Chongqing Water Group Co.,Ltd.’s Net Profit Dropped 23.6% in First Half of 2023

Chongqing Water Group Co.,Ltd. (重庆水务集团股份有限公司) (601158.SH) reported a net profit of 716.1 million yuan in the first half of 2023, down 23.6% year-on-year.

Meanwhile, the company posted 3.7 billion yuan in revenue, up 7.1% year-on-year.

At the end of the reporting period, it had 32.5 billion yuan in total assets and 15.9 billion yuan in total liabilities, with a liability-to-asset ratio of 49%.