China West Construction Group Co.,Ltd.’s Net Profit Dropped 44.4% in First Three Quarters of 2023

China West Construction Group Co.,Ltd. (中建西部建设股份有限公司) (002302.SZ) reported a net profit of 400.4 million yuan in the first three quarters of 2023, down 44.4% year-on-year.

Meanwhile, the company posted 16.3 billion yuan in revenue, down 10.4% year-on-year.

At the end of the reporting period, it had 35.8 billion yuan in total assets and 25.1 billion yuan in total liabilities, with a liability-to-asset ratio of 70%.