Hefei Department Store Group Co.,Ltd.’s Net Profit Dropped 21.3% in First Half of 2022

Hefei Department Store Group Co.,Ltd. (合肥百货大楼集团股份有限公司) (000417.SZ) reported a net profit of 133.5 million yuan in the first half of 2022, down 21.3% year-on-year.

Meanwhile, the company posted 3.3 billion yuan in revenue, up 2.2% year-on-year.

At the end of the reporting period, it had 13 billion yuan in total assets and 7.9 billion yuan in total liabilities, with a liability-to-asset ratio of 60.8%.