Better Life Commercial Chain Share Co.,Ltd.’s Net Profit Dropped 84.4% in First Half of 2022

Better Life Commercial Chain Share Co.,Ltd. (步步高商业连锁股份有限公司) (002251.SZ) reported a net profit of 34 million yuan in the first half of 2022, down 84.4% year-on-year.

Meanwhile, the company posted 5.8 billion yuan in revenue, down 20.2% year-on-year.

At the end of the reporting period, it had 30.9 billion yuan in total assets and 23.2 billion yuan in total liabilities, with a liability-to-asset ratio of 75.2%.