Shenzhen Heungkong Holding Co.,Ltd.’s Net Profit Dropped 69.7% in First Three Quarters of 2023

Shenzhen Heungkong Holding Co.,Ltd. (深圳香江控股股份有限公司) (600162.SH) reported a net profit of 29.6 million yuan in the first three quarters of 2023, down 69.7% year-on-year.

Meanwhile, the company posted 2.5 billion yuan in revenue, down 11.8% year-on-year.

At the end of the reporting period, it had 21.4 billion yuan in total assets and 15 billion yuan in total liabilities, with a liability-to-asset ratio of 70.1%.