Chongqing Water Group Co.,Ltd.’s Net Profit Dropped 14.1% in First Three Quarters of 2023

Chongqing Water Group Co.,Ltd. (重庆水务集团股份有限公司) (601158.SH) reported a net profit of 1.4 billion yuan in the first three quarters of 2023, down 14.1% year-on-year.

Meanwhile, the company posted 5.8 billion yuan in revenue, up 6.7% year-on-year.

At the end of the reporting period, it had 33.1 billion yuan in total assets and 15.8 billion yuan in total liabilities, with a liability-to-asset ratio of 47.6%.