Ningbo Construction Co.,Ltd.’s Net Profit Rose 1.6% in First Three Quarters of 2023

Ningbo Construction Co.,Ltd. (宁波建工股份有限公司) (601789.SH) reported a net profit of 245.9 million yuan in the first three quarters of 2023, up 1.6% year-on-year.

Meanwhile, the company posted 15.2 billion yuan in revenue, up 2.2% year-on-year.

At the end of the reporting period, it had 25.9 billion yuan in total assets and 20.7 billion yuan in total liabilities, with a liability-to-asset ratio of 80%.