Shaanxi Construction Engineering Group Corporation Limited’s Net Profit Dropped 4.6% in First Three Quarters of 2023

Shaanxi Construction Engineering Group Corporation Limited (陕西建工集团股份有限公司) (600248.SH) reported a net profit of 3.6 billion yuan in the first three quarters of 2023, down 4.6% year-on-year.

Meanwhile, the company posted 124.4 billion yuan in revenue, down 2.7% year-on-year.

At the end of the reporting period, it had 332.3 billion yuan in total assets and 297.1 billion yuan in total liabilities, with a liability-to-asset ratio of 89.4%.