Hefei Department Store Group Co.,Ltd.’s Net Profit Dropped 7.7% in 2022

Hefei Department Store Group Co.,Ltd. (合肥百货大楼集团股份有限公司) (000417.SZ) reported a net profit of 227.8 million yuan in 2022, down 7.7% year-on-year.

Meanwhile, the company posted 6.3 billion yuan in revenue, down 0.6% year-on-year.

At the end of the reporting period, it had 13.1 billion yuan in total assets and 7.9 billion yuan in total liabilities, with a liability-to-asset ratio of 60.8%.