Beijing Hualian Department Store Co.,Ltd. Posted 46.4 Million Yuan Net Loss in First Three Quarters of 2022

Beijing Hualian Department Store Co.,Ltd. (北京华联商厦股份有限公司) (000882.SZ) reported a net loss of 46.4 million yuan in the first three quarters of 2022, reversing a net profit of 9 million yuan for the same period in the previous year.

Meanwhile, the company posted 912.9 million yuan in revenue, up 10.9% year-on-year.

At the end of the reporting period, it had 12.7 billion yuan in total assets and 5.6 billion yuan in total liabilities, with a liability-to-asset ratio of 44%.