Grandjoy Holdings Group Co.,Ltd.’s Net Profit Dropped 8.9% in First Half of 2022

Grandjoy Holdings Group Co.,Ltd. (大悦城控股集团股份有限公司) (000031.SZ) reported a net profit of 1.1 billion yuan in the first half of 2022, down 8.9% year-on-year.

Meanwhile, the company posted 15 billion yuan in revenue, up 5.3% year-on-year.

At the end of the reporting period, it had 218 billion yuan in total assets and 166.1 billion yuan in total liabilities, with a liability-to-asset ratio of 76.2%.