Beijing Hualian Department Store Co.,Ltd. Posted 46.1 Million Yuan Net Loss in First Half of 2022

Beijing Hualian Department Store Co.,Ltd. (北京华联商厦股份有限公司) (000882.SZ) reported a net loss of 46.1 million yuan in the first half of 2022, reversing a net profit of 8.8 million yuan for the same period in the previous year.

Meanwhile, the company posted 648.6 million yuan in revenue, up 24.1% year-on-year.

At the end of the reporting period, it had 12.7 billion yuan in total assets and 5.6 billion yuan in total liabilities, with a liability-to-asset ratio of 44.1%.