China Baoan Group Co.,Ltd.’s Net Profit Dropped 4.4% in First Three Quarters of 2023

China Baoan Group Co.,Ltd. (中国宝安集团股份有限公司) (000009.SZ) reported a net profit of 1.5 billion yuan in the first three quarters of 2023, down 4.4% year-on-year.

Meanwhile, the company posted 24.5 billion yuan in revenue, up 8.9% year-on-year.

At the end of the reporting period, it had 50.3 billion yuan in total assets and 30 billion yuan in total liabilities, with a liability-to-asset ratio of 59.6%.