Chongqing Gas Group Corporation Co.,Ltd.’s Net Profit Dropped 30.2% in First Half of 2023

Chongqing Gas Group Corporation Co.,Ltd. (重庆燃气集团股份有限公司) (600917.SH) reported a net profit of 170.7 million yuan in the first half of 2023, down 30.2% year-on-year.

Meanwhile, the company posted 5 billion yuan in revenue, up 14.6% year-on-year.

At the end of the reporting period, it had 10.2 billion yuan in total assets and 4.8 billion yuan in total liabilities, with a liability-to-asset ratio of 46.8%.