Easyhome New Retail Group Co.,Ltd.’s Net Profit Dropped 4.2% in First Half of 2022

Easyhome New Retail Group Co.,Ltd. (居然之家新零售集团股份有限公司) (000785.SZ) reported a net profit of 1.1 billion yuan in the first half of 2022, down 4.2% year-on-year.

Meanwhile, the company posted 6.3 billion yuan in revenue, down 5.2% year-on-year.

At the end of the reporting period, it had 54.5 billion yuan in total assets and 34.4 billion yuan in total liabilities, with a liability-to-asset ratio of 63.1%.