Shaanxi Construction Engineering Group Corporation Limited’s Net Profit Rose 8% in First Half of 2023

Shaanxi Construction Engineering Group Corporation Limited (陕西建工集团股份有限公司) (600248.SH) reported a net profit of 2.6 billion yuan in the first half of 2023, up 8% year-on-year.

Meanwhile, the company posted 84.2 billion yuan in revenue, down 3.2% year-on-year.

At the end of the reporting period, it had 325.3 billion yuan in total assets and 291 billion yuan in total liabilities, with a liability-to-asset ratio of 89.4%.