Ccoop Group Co.,Ltd. Posted 141.2 Million Yuan Net Profit in First Half of 2022

Ccoop Group Co.,Ltd. (供销大集集团股份有限公司) (000564.SZ) reported a net profit of 141.2 million yuan in the first half of 2022, reversing a net loss of 256.1 million yuan for the same period in the previous year.

Meanwhile, the company posted 677.7 million yuan in revenue, down 26% year-on-year.

At the end of the reporting period, it had 29.3 billion yuan in total assets and 16.5 billion yuan in total liabilities, with a liability-to-asset ratio of 56.1%.