Nanning Department Store Co.,Ltd. Posted 14.1 Million Yuan Net Loss in First Half of 2022

Nanning Department Store Co.,Ltd. (南宁百货大楼股份有限公司) (600712.SH) reported a net loss of 14.1 million yuan in the first half of 2022, widening 187.9% year-on-year.

Meanwhile, the company posted 334.9 million yuan in revenue, down 17.1% year-on-year.

At the end of the reporting period, it had 1.6 billion yuan in total assets and 763.2 million yuan in total liabilities, with a liability-to-asset ratio of 46.7%.