China Merchants Shekou Industrial Zone Holdings Co.,Ltd.’s Net Profit Dropped 12.9% in First Three Quarters of 2023

China Merchants Shekou Industrial Zone Holdings Co.,Ltd. (招商局蛇口工业区控股股份有限公司) (001979.SZ) reported a net profit of 5.5 billion yuan in the first three quarters of 2023, down 12.9% year-on-year.

Meanwhile, the company posted 75.8 billion yuan in revenue, down 15.3% year-on-year.

At the end of the reporting period, it had 1 trillion yuan in total assets and 667.1 billion yuan in total liabilities, with a liability-to-asset ratio of 69.2%.