Jiangsu Zhongnan Construction Group Co.,Ltd. Posted 877.9 Million Yuan Net Loss in First Three Quarters of 2023

Jiangsu Zhongnan Construction Group Co.,Ltd. (江苏中南建设集团股份有限公司) (000961.SZ) reported a net loss of 877.9 million yuan in the first three quarters of 2023, narrowing 55% year-on-year.

Meanwhile, the company posted 31.9 billion yuan in revenue, down 7.2% year-on-year.

At the end of the reporting period, it had 280.6 billion yuan in total assets and 256.2 billion yuan in total liabilities, with a liability-to-asset ratio of 91.3%.