Nanning Department Store Co.,Ltd. Posted 15.7 Million Yuan Net Loss in First Three Quarters of 2022

Nanning Department Store Co.,Ltd. (南宁百货大楼股份有限公司) (600712.SH) reported a net loss of 15.7 million yuan in the first three quarters of 2022, widening 106.1% year-on-year.

Meanwhile, the company posted 508.1 million yuan in revenue, down 15.3% year-on-year.

At the end of the reporting period, it had 1.7 billion yuan in total assets and 796.4 million yuan in total liabilities, with a liability-to-asset ratio of 47.8%.