Hla Group Corp.,Ltd.’s Net Profit Dropped 23.8% in First Half of 2022

Hla Group Corp.,Ltd. (海澜之家集团股份有限公司) (600398.SH) reported a net profit of 1.2 billion yuan in the first half of 2022, down 23.8% year-on-year.

Meanwhile, the company posted 9.5 billion yuan in revenue, down 6.1% year-on-year.

At the end of the reporting period, it had 31.6 billion yuan in total assets and 17.5 billion yuan in total liabilities, with a liability-to-asset ratio of 55.3%.