Huitong Construction Group Co.,Ltd.’s Net Profit Dropped 20.4% in First Half of 2023

Huitong Construction Group Co.,Ltd. (汇通建设集团股份有限公司) (603176.SH) reported a net profit of 32 million yuan in the first half of 2023, down 20.4% year-on-year.

Meanwhile, the company posted 1.4 billion yuan in revenue, up 12.7% year-on-year.

At the end of the reporting period, it had 5.5 billion yuan in total assets and 4.3 billion yuan in total liabilities, with a liability-to-asset ratio of 79.2%.