Qumei Home Furnishings Group Co.,Ltd.’s Net Profit Dropped 11.9% in First Half of 2022

Qumei Home Furnishings Group Co.,Ltd. (曲美家居集团股份有限公司) (603818.SH) reported a net profit of 126.2 million yuan in the first half of 2022, down 11.9% year-on-year.

Meanwhile, the company posted 2.5 billion yuan in revenue, up 0.9% year-on-year.

At the end of the reporting period, it had 7.6 billion yuan in total assets and 5.5 billion yuan in total liabilities, with a liability-to-asset ratio of 72.5%.