Xiamen C&D Co.,Ltd.’s Net Profit Dropped 23.2% in First Half of 2023

Xiamen C&D Co.,Ltd. (厦门建发股份有限公司) (600153.SH) reported a net profit of 3.2 billion yuan in the first half of 2023, down 23.2% year-on-year.

Meanwhile, the company posted 383.4 billion yuan in revenue, up 4.8% year-on-year.

At the end of the reporting period, it had 826.8 billion yuan in total assets and 654.1 billion yuan in total liabilities, with a liability-to-asset ratio of 79.1%.