China Merchants Shekou Industrial Zone Holdings Co.,Ltd.’s Net Profit Dropped 5.1% in First Half of 2023

China Merchants Shekou Industrial Zone Holdings Co.,Ltd. (招商局蛇口工业区控股股份有限公司) (001979.SZ) reported a net profit of 3.8 billion yuan in the first half of 2023, down 5.1% year-on-year.

Meanwhile, the company posted 51.4 billion yuan in revenue, down 10.6% year-on-year.

At the end of the reporting period, it had 947.6 billion yuan in total assets and 660.8 billion yuan in total liabilities, with a liability-to-asset ratio of 69.7%.