China Baoan Group Co.,Ltd.’s Net Profit Dropped 1.1% in First Half of 2023

China Baoan Group Co.,Ltd. (中国宝安集团股份有限公司) (000009.SZ) reported a net profit of 1 billion yuan in the first half of 2023, down 1.1% year-on-year.

Meanwhile, the company posted 16.3 billion yuan in revenue, up 20.4% year-on-year.

At the end of the reporting period, it had 49.3 billion yuan in total assets and 29.5 billion yuan in total liabilities, with a liability-to-asset ratio of 59.9%.