China-Singapore Suzhou Industrial Park Development Group Co.,Ltd.’s Net Profit Dropped 17.5% in First Half of 2023

China-Singapore Suzhou Industrial Park Development Group Co.,Ltd. (中新苏州工业园区开发集团股份有限公司) (601512.SH) reported a net profit of 905.4 million yuan in the first half of 2023, down 17.5% year-on-year.

Meanwhile, the company posted 1.9 billion yuan in revenue, down 21.2% year-on-year.

At the end of the reporting period, it had 34.3 billion yuan in total assets and 15.9 billion yuan in total liabilities, with a liability-to-asset ratio of 46.4%.