China Railway Construction Heavy Industry Corporation Limited’s Net Profit Dropped 13.4% in First Three Quarters of 2023

China Railway Construction Heavy Industry Corporation Limited (中国铁建重工集团股份有限公司) (688425.SH) reported a net profit of 1.2 billion yuan in the first three quarters of 2023, down 13.4% year-on-year.

Meanwhile, the company posted 7.4 billion yuan in revenue, down 5.4% year-on-year.

At the end of the reporting period, it had 25.7 billion yuan in total assets and 9.5 billion yuan in total liabilities, with a liability-to-asset ratio of 37%.