Nanjing Chixia Development Co.,Ltd.’s Net Profit Dropped 72.3% in First Half of 2023

Nanjing Chixia Development Co.,Ltd. (南京栖霞建设股份有限公司) (600533.SH) reported a net profit of 58.6 million yuan in the first half of 2023, down 72.3% year-on-year.

Meanwhile, the company posted 3.1 billion yuan in revenue, up 32.5% year-on-year.

At the end of the reporting period, it had 25 billion yuan in total assets and 20.4 billion yuan in total liabilities, with a liability-to-asset ratio of 81.8%.