Shanghai Aj Group Co.,Ltd.’s Net Profit Dropped 28.7% in First Three Quarters of 2023

Shanghai Aj Group Co.,Ltd. (上海爱建集团股份有限公司) (600643.SH) reported a net profit of 474.8 million yuan in the first three quarters of 2023, down 28.7% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, down 32% year-on-year.

At the end of the reporting period, it had 25.5 billion yuan in total assets and 12.7 billion yuan in total liabilities, with a liability-to-asset ratio of 49.8%.