Hangzhou Binjiang Real Estate Group Co.,Ltd.’s Net Profit Rose 20.9% in First Half of 2023

Hangzhou Binjiang Real Estate Group Co.,Ltd. (杭州滨江房产集团股份有限公司) (002244.SZ) reported a net profit of 1.9 billion yuan in the first half of 2023, up 20.9% year-on-year.

Meanwhile, the company posted 27 billion yuan in revenue, up 152.8% year-on-year.

At the end of the reporting period, it had 310.3 billion yuan in total assets and 250.2 billion yuan in total liabilities, with a liability-to-asset ratio of 80.7%.