Hefei Department Store Group Co.,Ltd.’s Net Profit Rose 15.4% in First Quarter of 2023

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 125 million yuan in the first quarter of 2023, up 15.4% year-on-year.

Meanwhile, the company posted 2 billion yuan in revenue, up 3.3% year-on-year.

At the end of the reporting period, it had 13 billion yuan in total assets and 7.7 billion yuan in total liabilities, with a liability-to-asset ratio of 59.5%.