Dashang Co.,Ltd.’s Net Profit Dropped 14.1% in First Half of 2022

Dashang Co.,Ltd. (大商股份有限公司) (600694.SH) reported a net profit of 462.6 million yuan in the first half of 2022, down 14.1% year-on-year.

Meanwhile, the company posted 3.8 billion yuan in revenue, down 12.7% year-on-year.

At the end of the reporting period, it had 19.4 billion yuan in total assets and 10.5 billion yuan in total liabilities, with a liability-to-asset ratio of 54%.