Jinke Property Group Co.,Ltd. Posted 1.3 Billion Yuan Net Loss in First Three Quarters of 2023

Jinke Property Group Co.,Ltd. (金科地产集团股份有限公司) (000656.SZ) reported a net loss of 1.3 billion yuan in the first three quarters of 2023, narrowing 71.5% year-on-year.

Meanwhile, the company posted 43.1 billion yuan in revenue, down 0.8% year-on-year.

At the end of the reporting period, it had 260.3 billion yuan in total assets and 227.1 billion yuan in total liabilities, with a liability-to-asset ratio of 87.2%.