China State Construction Engineering Corporation Limited’s Net Profit Dropped 2.9% in First Half of 2023

China State Construction Engineering Corporation Limited (中国建筑股份有限公司) (601668.SH) reported a net profit of 40 billion yuan in the first half of 2023, down 2.9% year-on-year.

Meanwhile, the company posted 1.1 trillion yuan in revenue, up 4.9% year-on-year.

At the end of the reporting period, it had 2.8 trillion yuan in total assets and 2.1 trillion yuan in total liabilities, with a liability-to-asset ratio of 75.5%.